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Md Heating Services Ltd

16229143

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

44 LICHFIELD ROAD, LINCOLN, LN4 2SS
Incorporated 04/02/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Michael Downham

director · Since 04/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Michael Downham

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

British · England · Age 47

44, Lichfield Road, Lincoln, LN4 2SS

Notified 04/02/2025

CompanyRankvs 20896+ SIC 43220 peers
38

Financial strength66th percentile among SIC peers · 17/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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20896Md Heating Services Ltd
48
How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 pts

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

Liquidity12/20 pts

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

Longevity1/15 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 31/03/2026

Net Worth

£17k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£38k

Current Liabilities

£31k

Fixed Assets

£10k

Debtors

£2k

1avg. employees

Tax at Year End

Corp tax£7k
VAT£2k

Director Loans

Company owes directors£21k

Balance Sheet

Assets less current liabilities£17k
Signed by Mr M Downham,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20261.23+£0£38k
20261.23—£38k

Derived from filed accounts. Not audited figures.