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Mtc Renovation Limited

15225417

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

247 BURY OLD ROAD, MANCHESTER, M25 1JE
Incorporated 20/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Andrew Terris

director · Since 20/10/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Andrew Terris

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

British · England · Age 45

247, Bury Old Road, Manchester, M25 1JE

Notified 20/10/2023

CompanyRankvs 18592+ SIC 43390 peers
45

Financial strength65th percentile among SIC peers · 16/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 3.54× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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18592Mtc Renovation Limited
54
How is this score calculated?
Financial strength16/25 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.

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/10/2025

Net Worth

£12k

Balance sheet strength

Cash

£158

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£16k

Current Liabilities

£5k

Debtors

£16k

0avg. employees
Signed by Mr A Terris Junior,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.54+£17k
20240.43—

Derived from filed accounts. Not audited figures.