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Mjs Recovery & Son (Scunthorpe) Ltd

12120736

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

MJS RECOVERY AND SON (SCUNTHORPE) LTD UNIT 5, PINXTON, NG16 6JF
Incorporated 24/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38310
Dismantling of wrecks

Officers

Mr Matthew John Smith

director · Since 24/07/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Matthew John Smith

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

British · United Kingdom · Age 45

Mjs Recovery And Son (Scunthorpe) Ltd, Unit 5, Pinxton, NG16 6JF

Notified 24/07/2019

CompanyRankvs 100+ SIC 38310 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.23× · 2/20
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 strength0/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£340k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£196k

Working capital

Current Assets

£59k

Current Liabilities

£254k

Fixed Assets

£248k

Debtors

£7k

11avg. employees

Tax at Year End

VAT£15k

Balance Sheet

Assets less current liabilities£52k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.23-£67k£308k
20240.23-£43k£650k
20230.38-£114k£1.5M
20223.01-£150k£1.0M
20210.91£1.2M

Derived from filed accounts. Not audited figures.