Company Overview
McR Finest Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 11 April 2013, so this is a well established company. McR Finest Ltd has been in business for 11 years and 1 month. The accounts status is total exemption full and the accounts are next due on Friday 28 February 2025.
Registered Address

Manchester's Finest Group, 63 Newton Street, Manchester, M1 1ET
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Companies House Data
Company NameMCR FINEST LTD
Company Number08484390
Registered Office AddressMANCHESTER'S FINEST GROUP
 63 NEWTON STREET
 M1 1ET
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/04/2013
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2025
Accounts Last Made Up Date31/05/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date09/05/2017
Returns Last Made Up Date11/04/2016
Directors & Members
James Barker - Director
(British, 40 years old, born April 1984)
Director - Appointed 11 April 2013
Active
Lee Isherwood - Director
(British, 41 years old, born February 1983)
Director - Appointed 11 April 2013
Active
Steven Pankhurst - Director
(British, 39 years old, born March 1985)
Director - Appointed 11 April 2013
Active
Matthew Tyas - Director
(British, 42 years old, born December 1982)
Director - Appointed 11 April 2013
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-May-2023 31-May-2021 31-May-2020
Balance Sheet
Fixed Assets 37,342 37,342 26,540
Current Assets 108,638 108,638 101,105
Creditors Due Within One Year 52,750 52,750 44,430
Working Cap 55,888 55,888 56,675
Total Assets Less Current Liabilities 93,230 93,230 83,215
Long-term Liabilities 34,060 34,060 40,000
Net Assets 59,170 59,170 43,215
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 59,170 59,170 43,215
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2023 31-May-2021 31-May-2020
Tangible Fixed Assets - - -
Fixed Assets 25.6% 25.6% 20.8%
Stocks Inventory - - -
Debtors 35.0% 35.0% 32.8%
Cash Bank In Hand 39.4% 39.4% 46.4%
Current Assets 74.4% 74.4% 79.2%
Creditors Due Within One Year 36.1% 36.1% 34.8%
Net Current Assets Liabilities 38.3% 38.3% 44.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 40.5% 40.5% 33.9%
Capital Employed - - -
Total Assets Less Current Liabilities 63.9% 63.9% 65.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2023 31-May-2021 31-May-2020
Liquidity Ratio 2.1 2.1 2.3
Solvency Ratio 1.7 1.7 1.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2023 31-May-2021 31-May-2020
Assets 145,980 145,980 127,645
Debt 86,810 86,810 84,430
Net Assets/Debt 59,170 59,170 43,215

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around M1 1ET
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57 NEWTON STREET, MANCHESTER, M1 1ET
SCANLANHILL (UK) LIMITED
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MANCHESTER HOTELS LIMITED
57 NEWTON STREET, MANCHESTER, M1 1ET
O'CONNELL EAST LIMITED
63 Newton Street, Manchester, M1 1ET
GRAYSCANLANHILL LIMITED
THE OLD POST OFFICE, 63 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ET
Document Filings
Confirmation statement made on 11 April 2024 with no updates
Confirmation statement made on 11 April 2023 with no updates
Registered office address changed from 63 Newton Street Manchester M1 1ET England to Manchester's Finest Group 63 Newton Street Manchester M1 1ET on 21 November 2022
Registered office address changed from Studio Lga 22 Lever Street Manchester M1 1EA England to 63 Newton Street Manchester M1 1ET on 9 November 2022
Change of details for Mr Lee Anthony Isherwood as a person with significant control on 1 February 2022
Director's details changed for Mr Lee Anthony Isherwood on 1 February 2022
Change of details for Mr Lee Anthony Isherwood as a person with significant control on 1 February 2022
Confirmation statement made on 11 April 2022 with no updates
Confirmation statement made on 11 April 2021 with no updates
Change of details for Mr Matthew John Tyas as a person with significant control on 6 November 2020
Change of details for Mr Steven Pankhurst as a person with significant control on 6 November 2020
Change of details for Mr Lee Anthony Isherwood as a person with significant control on 6 November 2020
Notification of Matthew John Tyas as a person with significant control on 6 November 2020
Notification of Steven Pankhurst as a person with significant control on 6 November 2020
Notification of Lee Anthony Isherwood as a person with significant control on 6 November 2020
Director's details changed for Mr Matthew John Tyas on 29 July 2016
Director's details changed for Mr Steven Pankhurst on 21 September 2020
Director's details changed for Mr Steven Pankhurst on 21 September 2020
Director's details changed for Mr Matthew John Tyas on 21 September 2020
Director's details changed for Mr Lee Anthony Isherwood on 21 September 2020
Director's details changed for Mr James Alfred Barker on 21 September 2020

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