Md Auctions Ltd
12242852
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/10/2019
SALES DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 1 other board
Persons with Significant Control
Mr Michael Robert Selisny
British · England · Age 45
Unit 3 The Old Dairy, Hill Street, Ashton-Under-Lyne, OL7 0PZ
Notified 03/10/2019
Former PSCs
Mr David James Sinclair
Ceased 02/06/2021
Mr Scott Marty Pullen
Ceased 06/06/2022
CompanyRankvs 44609+ SIC 47910 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Net Worth
-£7k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£303k
Current Liabilities
£306k
Fixed Assets
£5k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.99 | +£15k | £91k |
| 2023 | 0.96 | +£26k | — |
| 2022 | 0.77 | -£46k | — |
| 2021 | 3.11 | — | — |
Derived from filed accounts. Not audited figures.