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M.R. Conversions Ltd

14409518

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

154 MAIN ROAD, NOTTINGHAM, NG16 5HS
Incorporated 10/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Michael Roberts

director · Since 10/10/2022

CARPENTER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Michael Roberts

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

British · England · Age 51

154, Main Road, Nottingham, NG16 5HS

Notified 10/10/2022

CompanyRankvs 6037+ SIC 43320 peers
58

Financial strength77th percentile among SIC peers · 19/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.3× · 12/20
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 strength19/25 pts

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

Employees8/15 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.

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 31/10/2024

Net Worth

£35k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£115k

Current Liabilities

£89k

Fixed Assets

£24k

Debtors

-£7k

2avg. employees+1

Balance Sheet

Assets less current liabilities£51k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30-£25k
20231.68

Derived from filed accounts. Not audited figures.