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Mad Parcel Grind Limited

13723248

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

16 MOORLAND ROAD, BRIDGWATER, TA6 4JP
Incorporated 04/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Benjamin Blows

director · Since 04/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Benjamin Blows

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

British · England · Age 33

16, Moorland Road, Bridgwater, TA6 4JP

Notified 04/11/2021

CompanyRankvs 28505+ SIC 49410 peers
43

Financial strength8th percentile among SIC peers · 2/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.17× · 12/20
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 strength2/25 pts

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

Employees9/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£10k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£31k

Current Liabilities

£27k

Fixed Assets

£55k

Debtors

£22k

2avg. employees+1

Balance Sheet

Assets less current liabilities£59k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17-£16k
20230.74

Derived from filed accounts. Not audited figures.