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Ml Product Distribution Limited

14747306

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

8 JOHN SCOTT COURT, WALTHAM ABBEY, EN9 1FH
Incorporated 21/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Mitchell Joyce

director · Since 21/03/2023

CONSULTANT

BRITISH · UNITED KINGDOM · Age 35

Also on 3 other boards

Mr Lewis Webb

director · Since 21/03/2023

SALES PERSON

ENGLISH · ENGLAND · Age 35

Persons with Significant Control

Mr Mitchell Joyce

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

British · United Kingdom · Age 35

8 John Scott Court, 2 King George Road, Waltham Abbey, EN9 1FH

Notified 21/03/2023

Former PSCs

Mr Lewis Webb

Ceased 05/06/2026

CompanyRankvs 90547+ SIC 47910 peers
26

Financial strength22th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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90547Ml Product Distribution Limited
26
How is this score calculated?
Financial strength6/25 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.

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.

Longevity3/15 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 31/03/2025

Net Worth

-£855

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£552

Working capital

Current Assets

£53

Current Liabilities

£605

Balance Sheet

Assets less current liabilities-£552
Signed by Mr Mitchell Joyce 17/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.09
20241.08

Derived from filed accounts. Not audited figures.