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Mv Composites Ltd

13500089

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 1, PLOT 20 HAWKES DRIVE,, ROYAL LEAMINGTON SPA, CV34 6LX
Incorporated 08/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr William James Waterman

director · Since 08/07/2021

COMPOSITE TECHNICIAN

BRITISH · ENGLAND · Age 35

Mr Mathew William Lainsbury

director · Since 03/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr William James Waterman

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

British · England · Age 35

Unit 1, Plot 20, Hawkes Drive,, Royal Leamington Spa, CV34 6LX

Notified 08/07/2021

Mr Mathew William Lainsbury

25–50% shares
25–50% votes

British · England · Age 38

Kenton House, Oxford Street, Moreton-In-Marsh, GL56 0LA

Notified 03/04/2023

Former PSCs

Mr Wayne Leslie Stratford

Ceased 02/12/2021

Mr Matthew James Tillett

Ceased 02/03/2023

Charges2 outstanding

Charge
outstanding

MEIF II - DEBT WM LP ACTING THROUGH ITS GENERAL PARTNER FDC(GENERAL PARTNER MEIF II - DEBT WM)

Created 02/12/2024Registered 02/12/2024
Charge
outstanding

FLEX ABL LIMITED

Created 19/09/2023Registered 21/09/2023

CompanyRankvs 476+ SIC 29320 peers
55

Financial strength76th percentile among SIC peers · 19/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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.

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 31/07/2025

Net Worth

£58k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£66k

Working capital

Current Assets

£702k

Current Liabilities

£636k

Fixed Assets

£257k

Debtors

£578k

15avg. employees+13

Balance Sheet

Assets less current liabilities£323k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.10-£39k
20240.91+£76k
20230.96

Derived from filed accounts. Not audited figures.