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M & C Builders (London) Limited

11778607

active
Private Limited Company
england wales
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

89 FARLEY ROAD, LONDON, SE6 2AF
Incorporated 21/01/2019

Compliance

Last accounts

31/03/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 12/04/2025

Due 26/04/2026

Overdue

Industry

43310
Plastering
43341
Painting

Officers

Mr Michael Paul Newland

director · Since 12/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Persons with Significant Control

Mr Michael Paul Newland

75–100% shares

British · United Kingdom · Age 66

89, Farley Road, London, SE6 2AF

Notified 12/04/2022

Former PSCs

Mrs Cynthia Lee Newland

Ceased 24/02/2021

Mr Veeshal Seetaram

Ceased 12/04/2022

CompanyRankvs 5543+ SIC 43310 peers
40

Financial strength35th percentile among SIC peers · 9/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 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.

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.

Longevity7/15 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

£370

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£10k

Current Liabilities

£12k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£370
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.87
20230.96

Derived from filed accounts. Not audited figures.