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Minearc Europe Ltd

13741044

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 9, THE MARKHAM CENTRE STATION ROAD, READING, RG7 4PE
Incorporated 12/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46630
Wholesale of mining, construction and civil engineering machinery
74909
Other professional, scientific and technical activities

Officers

Mr Paul Anthony Ness

director · Since 12/11/2021

MANAGING DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 57

Mrs Tereza Valtova

director · Since 25/02/2022

DIRECTOR

CZECH · ENGLAND · Age 39

Persons with Significant Control

Geoffrey Whittaker

25–50% shares
25–50% votes

British · Australia · Age 66

Unit 19, The Markham Centre, Reading, RG7 4PE

Notified 12/11/2021

CompanyRankvs 186+ SIC 46630 peers
64

Financial strength81th percentile among SIC peers · 20/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.19× · 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 strength20/25 pts

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

Employees12/15 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 30/06/2024

Net Worth

£388k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£375k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.0M

Fixed Assets

£13k

3avg. employees

Balance Sheet

Assets less current liabilities£388k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19+£336k
20231.09-£5k
20224.00

Derived from filed accounts. Not audited figures.