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Mb Properties (Southampton) Ltd

13155858

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O HATCH ACCOUNTANCY LIMITED, LONDON, N13 4BS
Incorporated 25/01/2021

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/01/2026

Due 25/01/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Ashley Ian Milne

director · Since 25/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Mr Lloyd Milne

director · Since 25/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr Ashley Ian Milne

25–50% shares

British · England · Age 40

C/O Hatch Accountancy Limited, 483 Green Lanes, London, N13 4BS

Notified 25/01/2021

Mr Lloyd Milne

25–50% shares

British · England · Age 33

C/O Hatch Accountancy Limited, 483 Green Lanes, London, N13 4BS

Notified 25/01/2021

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 30/08/2023Registered 05/09/2023

CompanyRankvs 75114+ SIC 68100 peers
27

Financial strength13th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.15× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees3/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 31/12/2024

Net Worth

-£17k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£4k

Current Liabilities

£971

Fixed Assets

£94k

0avg. employees

Balance Sheet

Assets less current liabilities£97k
Signed by Mr L Milne,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.15+£84

Derived from filed accounts. Not audited figures.