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M Cutting Right Ltd

11745660

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

56 FAIRCROSS AVENUE, ROMFORD, RM5 3UB
Incorporated 02/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mrs Tabina Halim

director · Since 25/03/2021

BUSINESS EXECUTIVE

PAKISTANI · ENGLAND · Age 35

Persons with Significant Control

Mrs Tabina Halim

75–100% shares

Pakistani · United Kingdom · Age 35

56, Faircross Avenue, Romford, RM5 3UB

Notified 25/03/2021

Former PSCs

Mr Ghulam Murtaza

Ceased 10/07/2020

Mrs Tabina Halim

Ceased 20/03/2021

CompanyRankvs 34040+ SIC 96020 peers
41

Financial strength44th percentile among SIC peers · 11/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.99× · 6/20
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 strength11/25 pts

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

Employees1/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£262

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£31k

Current Liabilities

£31k

Fixed Assets

£654

0avg. employees-1

Balance Sheet

Assets less current liabilities£31k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.99
20230.98

Derived from filed accounts. Not audited figures.