Back to search

Mechanic Movie Ltd

15730400

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • 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

215-221 BOROUGH HIGH STREET, LONDON, SE1 1JA
Incorporated 20/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities

Officers

Mr Ben Arslanian

secretary · Since 20/05/2024

Mr Matthew Simon Williams

director · Since 20/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 15 other boards

Persons with Significant Control

Future Artists Entertainment Ltd

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

195, Wardour Street, London, W1F 8ZG

Reg: 12517905 · Uk Register Of Companies · Private Company Limited By Shares

Notified 20/05/2024

Charges1 outstanding

Charge
satisfied

COUTTS & COMPANY AND ITS SUCCESSORS IN TITLE AND PERMITTED ASSIGNS

Created 12/07/2024Registered 30/07/2024Satisfied 28/01/2026
Charge
outstanding

FILM FINANCES INC

Created 10/07/2024Registered 17/07/2024
Charge
satisfied

COUTTS & COMPANY

Created 11/07/2024Registered 11/07/2024Satisfied 28/01/2026

CompanyRankvs 13627+ SIC 59111 peers
15

Financial strength0th percentile among SIC peers · 0/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.5× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees12/15 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

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

2avg. employees

Balance Sheet

Assets less current liabilities-£3.4M
Signed by Mr Matthew Williams 24/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.50

Derived from filed accounts. Not audited figures.