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Melcorpo Property Limited

12820580

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 5 outstanding charges (-10)

Details

THE BYRON HIGH STREET, NOTTINGHAM, NG15 7HJ
Incorporated 18/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Paul Furlong

director · Since 18/08/2020

DIRECTOR

IRISH · IRELAND · Age 49

Nicholas Furlong

director · Since 12/01/2021

NONE SUPPLIED

IRISH · IRELAND · Age 39

Also on 1 other board

Brian Gilligan

director · Since 12/01/2021

DIRECTOR

IRISH · IRELAND · Age 53

Charges5 outstanding

Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND (REGISTERED NUMBER C-1)

Created 14/08/2024Registered 23/08/2024
Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND (THE "LENDER")

Created 26/07/2024Registered 30/07/2024
Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 22/07/2024Registered 24/07/2024
Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 19/01/2021Registered 20/01/2021
Charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 19/01/2021Registered 20/01/2021

CompanyRankvs 206767+ SIC 68209 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.17× · 2/20
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 strength0/25 pts

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

Employees14/15 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.

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 30/12/2024

Net Worth

-£2.2M

Balance sheet strength

Cash

£90k

Cash in the bank

Net Current Assets

-£18.8M

Working capital

Current Assets

£3.8M

Current Liabilities

£22.6M

Fixed Assets

£23.1M

Debtors

£3.7M

Profit After Tax

-£1.9M

3avg. employees

Tax at Year End(2021)

Corp tax£106k

Balance Sheet

Bank loans & overdrafts£1.3M
Assets less current liabilities£4.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17-£253k
20230.03-£2.0M
20210.05

Derived from filed accounts. Not audited figures.