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Mmi Holdings (Ne) Limited

12734241

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

74 HIGH STREET, NORTHALLERTON, DL7 8EG
Incorporated 10/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Peter John Chappell

director · Since 10/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Mr Christopher John Harford

director · Since 10/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Persons with Significant Control

Mr Christopher John Harford

25–50% shares
25–50% votes

British · United Kingdom · Age 74

Floor 2, 10 Wellington Place, Leeds, LS1 4AP

Notified 10/07/2020

Mr Peter John Chappell

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Floor 2, 10 Wellington Place, Leeds, LS1 4AP

Notified 10/07/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/08/2020Registered 13/08/2020

CompanyRankvs 3746+ SIC 64209 peers
52

Financial strength80th percentile among SIC peers · 20/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3497.72× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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3746Mmi Holdings (Ne) Limited
72
How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

professionals, have determined that there is material uncertainty with regard to the going concern of the subsidiary business, due to the downturn in the automotive sector which has resulted in insufficient working capital. The directors do, however, deem it appropriate to prepare the MMI Holdings

Key FinancialsYear ending 30/11/2024

Net Worth

£404k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£406k

Current Liabilities

£116

2avg. employees

Balance Sheet

Assets less current liabilities£406k
Signed by 12734241 2023-12-01 2024-11-30 12734241 2024-11-30 12734241 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243497.72-£622
2023863.85—

Derived from filed accounts. Not audited figures.