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Mf Commercial Properties Ltd

11545591

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

RMT ACCOUNTANTS & BUSINESS ADVISORS LTD, NEWCASTLE UPON TYNE, NE12 8EG
Incorporated 31/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mark Fawcett

director · Since 31/08/2018

TIMBER MERCHANT

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Mark Fawcett

75–100% shares

British · England · Age 59

Rmt Accountants & Business Advisors Ltd, Gosforth Park Avenue, Newcastle Upon Tyne, NE12 8EG

Notified 31/08/2018

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/11/2018Registered 07/12/2018Satisfied 04/08/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/11/2018Registered 13/11/2018Satisfied 04/08/2021

CompanyRankvs 8890+ SIC 68100 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.72× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

£765k

Working capital

Current Assets

£1.0M

Current Liabilities

£282k

Fixed Assets

£977k

Debtors

£984k

1avg. employees

Tax at Year End

Corp tax£29k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.72+£239k
20233.93+£364k
20220.16+£1k
20210.03+£785k
20200.06+£31k

Derived from filed accounts. Not audited figures.