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Mb Guitarworks Ltd

14482729

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OFFICE 1.15 - 22A ST JAMES'S SQUARE LONDON 22A ST JAMES'S SQUARE LONDON, LONDON, SW1Y 4JH
Incorporated 14/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16230
Manufacture of other builders' carpentry and joinery
31090
Manufacture of other furniture
32200
Manufacture of musical instruments

Officers

Mr Derek Colin Mayne

director · Since 14/11/2022

COMPANY DIRECTOR

CANADIAN · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Derek Colin Mayne

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

Canadian · England · Age 54

Office 1.15 - 22a St James's Square London, 22a St James's Square London, London, SW1Y 4JH

Notified 14/11/2022

Former PSCs

Miss Elizabeth Mayne

Ceased 11/01/2023

CompanyRankvs 5494+ SIC 16230 peers
24

Financial strength8th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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5494Mb Guitarworks Ltd
23
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.

Employees1/15 pts

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

Liquidity2/20 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

Turnover

£0

Annual revenue

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£15k

Current Liabilities

£35k

Fixed Assets

£7k

Profit After Tax

-£4k

0avg. employees

Balance Sheet

Depreciation£2k
Assets less current liabilities£22k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43-£25k
2023Infinity—

Derived from filed accounts. Not audited figures.