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Mayland Manufacturing Ltd

13416783

active
Private Limited Company
england wales
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

PRIORY PLACE PRIORY ROAD, COLCHESTER, CO5 0QE
Incorporated 24/05/2021

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 23/05/2025

Due 06/06/2026

On track

Industry

31020
Manufacture of kitchen furniture
32990
Other manufacturing

Officers

Mr Colin Paul Ritchie

director · Since 24/05/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Colin Paul Ritchie

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

Priory Place, Priory Road, Colchester, CO5 0QE

Notified 24/05/2021

Former PSCs

Mrs Carole Ann Ritchie

Ceased 04/06/2025

CompanyRankvs 1738+ SIC 31020 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/05/2024

Net Worth

-£79k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£79k

Working capital

Current Assets

£117k

Current Liabilities

£196k

Debtors

£735

3avg. employees-2

Director Loans

Company owes directors£186k

Balance Sheet

Assets less current liabilities-£79k
Signed by Mr Colin Ritchie 31st May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60-£44k
20230.75-£21k
20220.86

Derived from filed accounts. Not audited figures.