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M-Spray Industrial Coating Ltd

11996557

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

RIDGEHILL COTTAGE, HEREFORD, HR2 8AE
Incorporated 15/05/2019

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 14/05/2025

Due 28/05/2026

On track

Industry

25610
Treatment and coating of metals

Officers

Mr Martin Gardiner

secretary · Since 15/05/2019

Mr Martin Leslie Gardiner

director · Since 15/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Martin Leslie Gardiner

75–100% shares

British · United Kingdom · Age 60

Ridgehill Cottage, Ridgehill, Hereford, HR2 8AE

Notified 15/05/2019

CompanyRankvs 339+ SIC 25610 peers
66

Financial strength64th percentile among SIC peers · 16/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.26× · 20/20
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 strength16/25 pts

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

Employees8/15 pts

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

Liquidity20/20 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 31/05/2024

Net Worth

£130k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£71k

Current Liabilities

£32k

Fixed Assets

£101k

Debtors

£33k

4avg. employees

Tax at Year End

VAT£16k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£140k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.26+£28k£330k
20231.69£9k

Derived from filed accounts. Not audited figures.