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Universal Auctions Ltd

14424727

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

THE OLD DAIRY UNIT 3, ASHTON UNDER LYNE, OL7 0PZ
Incorporated 17/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr John William Mugglestone

director · Since 17/10/2022

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Mr Michael Robert Selisny

director · Since 17/10/2022

SALES DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr David James Sinclair

director · Since 17/10/2022

SALES DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr John William Mugglestone

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 62

The Old Dairy, Unit 3, Ashton Under Lyne, OL7 0PZ

Notified 17/10/2022

Mr David James Sinclair

25–50% shares
25–50% votes
Appoint directors

British · England · Age 46

The Old Dairy, Unit 3, Ashton Under Lyne, OL7 0PZ

Notified 17/10/2022

Mr Michael Robert Selisny

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

The Old Dairy, Unit 3, Ashton Under Lyne, OL7 0PZ

Notified 17/10/2022

CompanyRankvs 27329+ SIC 47910 peers
58

Financial strength91th percentile among SIC peers · 23/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.5× · 16/20
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 strength23/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 30/11/2024

Net Worth

£41k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£122k

Current Liabilities

£81k

Debtors

£7k

Director Loans

Directors owe company£7k

Balance Sheet

Assets less current liabilities£41k
Signed by Mr John Mugglestone 29/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50+£44k
20230.89

Derived from filed accounts. Not audited figures.