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Mighty Redcar Limited

12217723

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

131 OAK ROAD, REDCAR, TS10 3RG
Incorporated 20/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Ryan Paul Abbott

director · Since 20/09/2019

ENGINEER

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Miss Rebecca Mcnicholas

director · Since 20/09/2019

DEVELOPMENT ANALYST

BRITISH · UNITED KINGDOM · Age 37

Also on 7 other boards

Persons with Significant Control

Mr Ryan Paul Abbott

25–50% shares
25–50% votes

British · England · Age 47

131, Oak Road, Redcar, TS10 3RG

Notified 20/09/2019

Miss Rebecca Mcnicholas

25–50% shares
25–50% votes

British · United Kingdom · Age 37

131, Oak Road, Redcar, TS10 3RG

Notified 20/09/2019

Former PSCs

Mrs Helen Elizabeth Bartram

Ceased 30/06/2020

Charges4 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 06/01/2022Registered 07/01/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 29/01/2021Registered 01/02/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 03/03/2020Registered 05/03/2020
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 03/03/2020Registered 05/03/2020

CompanyRankvs 56656+ SIC 68100 peers
42

Financial strength22th percentile among SIC peers · 6/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.32× · 12/20
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 strength6/25 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.

Liquidity12/20 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 30/09/2023

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£25k

Current Liabilities

£19k

Fixed Assets

£147k

2avg. employees

Balance Sheet

Assets less current liabilities£153k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.32-£1k
20221.45+£8k
20210.14

Derived from filed accounts. Not audited figures.