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M J Bakery Limited

12427293

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 7 SWAN LANE BUSINESS PARK, NEWMARKET, CB8 7FN
Incorporated 27/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10720
Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes

Officers

Mr Neil Trevor Payne

director · Since 27/01/2020

MANAGER

BRITISH · UNITED KINGDOM · Age 53

Mrs Karen Marie Payne

director · Since 07/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Neil Trevor Payne

25–50% shares
25–50% votes

British · United Kingdom · Age 53

5 Barnfield Crescent, Exeter, EX1 1QT

Notified 27/01/2020

Mrs Karen Marie Payne

25–50% shares
25–50% votes

British · United Kingdom · Age 55

The Old Dairy, Cadhay, Ottery St Mary, EX11 1QT

Notified 07/09/2022

Charges1 outstanding

Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 25/02/2020Registered 26/02/2020

CompanyRankvs 84+ SIC 10720 peers
58

Financial strength87th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

Longevity6/15 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 31/05/2025

Net Worth

£87k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£151k

Current Liabilities

£111k

Fixed Assets

£60k

Debtors

£123k

10avg. employees

Balance Sheet

Intangible assets£5k
Assets less current liabilities£100k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.35+£0
20251.35+£26k
20241.14+£15k
20231.09-£97k
20221.79

Derived from filed accounts. Not audited figures.