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Mmc Packaging Europe Ltd

12985927

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

3RD FLOOR, LONDON, EC2A 4NE
Incorporated 30/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82920
Packaging activities

Officers

Mr Paul Michael Gilligan

director · Since 30/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Persons with Significant Control

Mmc Holding International Ltd

75–100% shares
75–100% votes

3rd Floor, 86 - 90 Paul Street, London, EC2A 4NE

Reg: 12977802 · England And Wales · Private Limited Company

Notified 30/10/2020

Former PSCs

Mr Christophe Heribert Andre Audergon

Ceased 06/12/2020

Charges1 outstanding

Charge
outstanding

INNOVATEUK LOANS LIMITED

Created 25/07/2023Registered 25/07/2023

CompanyRankvs 1368+ SIC 82920 peers
32

Financial strength63th percentile among SIC peers · 16/25
Employees22th 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 strength16/25 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 31/12/2023

Net Worth

£1k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£749k

Working capital

Current Assets

£33k

Current Liabilities

£782k

Fixed Assets

£255k

Debtors

£24k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£494k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.04
20220.11
20210.17

Derived from filed accounts. Not audited figures.