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Mwc Investments Ii Limited

11564510

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

10 ELTON WAY, WATFORD, WD25 8HH
Incorporated 12/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Brian Quinlan Morrisroe

director · Since 17/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 20 other boards

Persons with Significant Control

Morrisroe Group Limited

75–100% shares

Unit 4, Oaks Court, Borehamwood, WD6 1GS

Reg: 05997507 · England And Wales Companies House · Limited Company

Notified 17/07/2020

Former PSCs

Oakwood Corporate Secretary Limited

Ceased 15/09/2018

Sonia May Kerr

Ceased 25/09/2018

Michael William Cantillon

Ceased 17/07/2020

Paul Cluskey

Ceased 17/07/2020

Charges1 outstanding

Charge
outstanding

TOSCAFUND GP LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SECURITY AGENT)

Created 25/09/2018Registered 01/10/2018

CompanyRankvs 4762+ SIC 99999 peers
49

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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4762Mwc Investments Ii Limited
64
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Group's or the parent Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Page 6 MWC INVESTMENTS II LIMITED INDEPENDENT AUDITORS' REPORT TO

Key FinancialsYear ending 30/06/2020

Net Worth

£4.9M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£805k

Working capital

Current Assets

£839k

Current Liabilities

£1.6M

Fixed Assets

£20.1M

Debtors

£839k

Profit After Tax

-£1.6M

73avg. employees

Balance Sheet

Bank loans & overdrafts£14.4M
Assets less current liabilities£19.3M
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20200.51

Derived from filed accounts. Not audited figures.