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Mdg Fireaway Ltd

12957811

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

47 UPPER BROOK STREET, IPSWICH, IP4 1DU
Incorporated 16/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Marius-Daniel Banceanu

secretary · Since 16/10/2020

Also on 1 other board

Mr Marius-Daniel Banceanu

director · Since 16/10/2020

BUSINESS

ROMANIAN · UNITED KINGDOM · Age 30

Also on 1 other board

Persons with Significant Control

Mr Marius-Daniel Banceanu

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

Romanian · United Kingdom · Age 30

25, Oxford Road, Ipswich, IP4 1NL

Notified 16/10/2020

CompanyRankvs 15871+ SIC 56102 peers
39

Financial strength15th percentile among SIC peers · 4/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.33× · 2/20
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 strength4/25 pts

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

Employees12/15 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.

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

-£23k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£11k

Current Liabilities

£34k

9avg. employees+4

Tax at Year End

VAT£2k

Director Loans

Company owes directors£32k

Balance Sheet

Assets less current liabilities-£23k
Signed by Mr Marius-Daniel BANCEANU 02/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.33-£9k£32k
20230.19
20220.84

Derived from filed accounts. Not audited figures.