Mechanic Movie Ltd
15730400
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 20/05/2024
director · Since 20/05/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 15 other boards
Persons with Significant Control
Future Artists Entertainment Ltd
195, Wardour Street, London, W1F 8ZG
Reg: 12517905 · Uk Register Of Companies · Private Company Limited By Shares
Notified 20/05/2024
Charges1 outstanding
COUTTS & COMPANY AND ITS SUCCESSORS IN TITLE AND PERMITTED ASSIGNS
FILM FINANCES INC
COUTTS & COMPANY
CompanyRankvs 13627+ SIC 59111 peers15
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 20/11/2024
Net Worth
-£3.4M
Balance sheet strength
Cash
£200k
Cash in the bank
Net Current Assets
-£3.5M
Working capital
Current Assets
£3.6M
Current Liabilities
£7.1M
Fixed Assets
£171k
Debtors
£3.4M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.50 |
Derived from filed accounts. Not audited figures.