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Mmultiply Ltd

11586295

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

46-54 HIGH STREET, INGATESTONE, CM4 9DW
Incorporated 24/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Oluwapelumi Igunnubole

director · Since 24/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Elizabeth Igunnubole

director · Since 28/05/2025

PHARMACIST

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Oluwapelumi Igunnubole

75–100% shares
75–100% votes
Appoint directors

British · England · Age 40

46-54 High Street, Ingatestone, CM4 9DW

Notified 22/09/2020

Charges4 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 17/02/2023Registered 21/02/2023
Charge
outstanding

ALDERMORE BANK PLC

Created 17/02/2023Registered 17/02/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 03/12/2021Registered 07/12/2021
Charge
outstanding

ONESAVINGS BANK PLC

Created 28/06/2019Registered 28/06/2019

CompanyRankvs 145275+ SIC 68100 peers
21

Financial strength11th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£23k

Balance sheet strength

Cash

£250

Cash in the bank

Net Current Assets

-£113k

Working capital

Current Assets

£945

Current Liabilities

£114k

Fixed Assets

£250k

Debtors

£695

Profit After Tax

-£22k

0avg. employees

Balance Sheet

Assets less current liabilities£137k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£37k
20230.01-£36k
20210.53

Derived from filed accounts. Not audited figures.