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M C W Homes Ltd

11950390

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

C/O LESSTAX2PAY, BARNET, EN5 5SU
Incorporated 16/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mrs Claire Wiggins

director · Since 16/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Michael Wiggins

director · Since 16/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Michael Wiggins

25–50% shares
25–50% votes

British · England · Age 60

C/O Lesstax2pay, 169 High Street, Barnet, EN5 5SU

Notified 16/04/2019

Mrs Claire Wiggins

25–50% shares
25–50% votes

British · England · Age 52

C/O Lesstax2pay, 169 High Street, Barnet, EN5 5SU

Notified 16/04/2019

Charges4 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 26/03/2025Registered 08/04/2025
Charge
outstanding

HEY HABITO LTD

Created 06/06/2022Registered 07/06/2022
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 01/12/2021Registered 02/12/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 13/03/2020Registered 13/03/2020
Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 12/07/2019Registered 17/07/2019Satisfied 22/12/2021

CompanyRankvs 112306+ SIC 68100 peers
27

Financial strength5th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

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.

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 30/04/2025

Net Worth

-£68k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£712k

Working capital

Current Assets

£12k

Current Liabilities

£724k

Fixed Assets

£643k

2avg. employees

Balance Sheet

Assets less current liabilities-£68k
Signed by Mr Michael Wiggins 07/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£20k
20240.02-£96k
2023+£11k
2022+£12k
2021+£7k

Derived from filed accounts. Not audited figures.