Mepw Limited
12644513
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Darren Collin Thorneycroft
British · United Kingdom · Age 44
Hallett & Co., 11 Bank Street, Ashford, TN23 1DA
Notified 04/06/2020
Peter Joseph Dawson
British · United Kingdom · Age 73
Rothmans, 6 Peter Street, Winchester, SO23 8BN
Notified 04/06/2020
CompanyRankvs 36605+ SIC 64209 peers32
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
2006. The financial statements have been prepared under the historical cost convention. The directors have made an assessment in preparing these financial statements as to whether the company is a going concern and have concluded that there are no material uncertainties that may cast doubt on the company's ability to continue as a going concern. PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
Key FinancialsYear ending 30/06/2025
Net Worth
£200
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£18k
Current Liabilities
£24k
Debtors
£15k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.74 |
| 2024 | 0.73 |
| 2023 | 0.43 |
| 2022 | 1.00 |
Derived from filed accounts. Not audited figures.