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Mcl Assets Ltd

12950023

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

249 NEWTON ROAD, BIRMINGHAM, B43 6JD
Incorporated 14/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Prabhjeet Kaur

director · Since 14/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 5 other boards

Mr Charan Jit Salan

director · Since 14/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 4 other boards

Persons with Significant Control

Mrs Prabhjeet Kaur

25–50% shares
25–50% votes

British · England · Age 38

249 Newton Road, Great Barr, Birmingham, B43 6JD

Notified 14/10/2020

Mr Charan Jit Salan

25–50% shares
25–50% votes

British · United Kingdom · Age 42

249 Newton Road, Great Barr, Birmingham, B43 6JD

Notified 14/10/2020

Charges2 outstanding

Charge
outstanding

BANK OF SCOTLAND PLC, BIRMINGHAM MIDSHIRES DIVISION

Created 21/11/2025Registered 25/11/2025
Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 03/12/2021Registered 13/12/2021

CompanyRankvs 145740+ SIC 68100 peers
21

Financial strength19th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 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 strength5/25 pts

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

Employees3/15 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 31/10/2024

Net Worth

-£6k

Balance sheet strength

Cash

£330

Cash in the bank

Net Current Assets

-£409k

Working capital

Current Assets

£16k

Current Liabilities

£424k

Debtors

£15k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£6k
2023+£3k
20220.00
20210.81

Derived from filed accounts. Not audited figures.