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Mm Star Bidco Limited

15443145

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2 BABMAES STREET, LONDON, SW1Y 6HD
Incorporated 25/01/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Demeter Peter Kovacs

director · Since 25/01/2024

SOLICITOR

HUNGARIAN · UNITED KINGDOM · Age 41

Also on 30 other boards

Mr Ashley Edward Shaw

director · Since 25/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 28 other boards

Persons with Significant Control

Mm Star Holdco Limited

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

2, Babmaes Street, London, SW1Y 6HD

Reg: 14171754 · Companies House · Private Limited Company

Notified 25/01/2024

Charges0 outstanding

Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY), AS LENDER

Created 19/07/2024Registered 02/08/2024Satisfied 16/07/2025
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY), AS LENDER

Created 19/07/2024Registered 02/08/2024Satisfied 16/07/2025
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY), AS LENDER

Created 19/07/2024Registered 02/08/2024Satisfied 16/07/2025
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY), AS LENDER

Created 19/07/2024Registered 02/08/2024Satisfied 16/07/2025

CompanyRankvs 115037+ SIC 96090 peers
15

Financial strength1th percentile among SIC peers · 0/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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

financial statements in the UK, which includes the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Conclusions relating to going concern Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on t

Key FinancialsYear ending 31/12/2024

Net Worth

-£580k

Balance sheet strength

Cash

£121k

Cash in the bank

Profit Before Tax

-£580k

Bottom line earnings

Net Current Assets

-£5.4M

Working capital

Current Assets

£15.0M

Current Liabilities

£20.4M

Debtors

£14.9M

Admin Expenses

£56k

Profit After Tax

-£580k

0avg. employees

Balance Sheet

Bank loans & overdrafts£15.1M
Assets less current liabilities£13.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.74

Derived from filed accounts. Not audited figures.