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Manga Metal Fabrication Ltd

14035877

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 6A EAST PARK TRADING ESTATE, WOLVERHAMPTON, WV1 2XF
Incorporated 08/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Manga Ram

director · Since 08/04/2022

DIRECTOR

INDIAN · ENGLAND · Age 52

Persons with Significant Control

Mr Manga Ram

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

Indian · England · Age 52

Unit 6a East Park Trading Estate, Hickman Avenue, Wolverhampton, WV1 2XF

Notified 08/04/2022

CompanyRankvs 459+ SIC 24100 peers
33

Financial strength8th percentile among SIC peers · 2/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity4 years trading (max 15) · 4/15
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.

Employees6/15 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.

Longevity4/15 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 30/04/2025

Net Worth

-£287

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£35k

Current Liabilities

£44k

Fixed Assets

£9k

1avg. employees

Director Loans(2024)

Company owes directors£42k

Balance Sheet

Assets less current liabilities£313
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81
20240.60+£3k
20230.55

Derived from filed accounts. Not audited figures.