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M Martin Decorators North East Limited

13793946

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)
  • Current liabilities exceed current assets (-10)

Details

ANALYSIS HOUSE 117-119, SUNDERLAND, SR6 9EQ
Incorporated 10/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Michael Martin

director · Since 10/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Michael Martin

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

British · England · Age 62

Analysis House 117-119, Sea Road, Sunderland, SR6 9EQ

Notified 10/12/2021

CompanyRankvs 1195+ SIC 43341 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.94× · 20/20
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 strength23/25 pts

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

Employees13/15 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.

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 31/12/2024

Net Worth

£102k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£85k

Working capital

Current Assets

£127k

Current Liabilities

£43k

Fixed Assets

£20k

4avg. employees

Balance Sheet

Assets less current liabilities£104k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.94+£57k
20231.44+£17k
20221.06

Derived from filed accounts. Not audited figures.