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Walsh & Mcgrath Funeral Directors Ltd

12312313

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

123 PENROSE AVENUE, WATFORD, WD19 5AA
Incorporated 13/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96030
Funeral and related activities

Officers

Mr Patrick Joseph Mcgrath

director · Since 13/11/2019

DIRECTOR

IRISH · ENGLAND · Age 56

Also on 1 other board

Mrs Tina Mary Mcgrath

director · Since 13/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Patrick Joseph Mcgrath

Significant control

Irish · England · Age 56

123, Penrose Avenue, Watford, WD19 5AA

Notified 13/11/2019

Mrs Tina Mary Mcgrath

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

123, Penrose Avenue, Watford, WD19 5AA

Notified 13/11/2019

Former PSCs

Mr Mark Joseph Walsh

Ceased 03/04/2024

CompanyRankvs 2064+ SIC 96030 peers
32

Financial strength4th percentile among SIC peers · 1/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0× · 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 strength1/25 pts

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

Employees7/15 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 30/11/2024

Net Worth

-£55k

Balance sheet strength

Cash

£225

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£225

Current Liabilities

£55k

Fixed Assets

£11k

Debtors

£5k

2avg. employees-1
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£7k
20230.09-£15k
20220.32-£47
20210.17-£9k
20200.18

Derived from filed accounts. Not audited figures.