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Mm Speed Ltd

12762524

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

63 RED FOX AVENUE, SUTTON-IN-ASHFIELD, NG17 3LQ
Incorporated 23/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Marius Iosif

director · Since 12/11/2024

DIRECTOR

ROMANIAN · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Marius Iosif

75–100% shares
75–100% votes
Appoint directors

Romanian · England · Age 37

63, Red Fox Avenue, Sutton-In-Ashfield, NG17 3LQ

Notified 12/11/2024

Former PSCs

Mr Marius Matei

Ceased 12/11/2024

CompanyRankvs 40763+ SIC 49410 peers
34

Financial strength11th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£75k

Current Liabilities

£80k

Fixed Assets

£603

1avg. employees

Balance Sheet

Assets less current liabilities-£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.94
20241.03
20231.15

Derived from filed accounts. Not audited figures.