Company Overview
Mai Central Eastern Europe Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 24 September 1984, so this is a well established company. Mai Central Eastern Europe Limited has been in business for 41 years and 6 months. The accounts status is full and the accounts are next due on Monday 30 June 2025.
Registered Address

6 Snow Hill, London, EC1A 2AY
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Companies House Data
Company NameMAI CENTRAL EASTERN EUROPE LIMITED
Company Number01850296
Registered Office Address6 Snow Hill
 EC1A 2AY
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date24/09/1984
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2025
Accounts Last Made Up Date30/09/2023
Accounts Account CategoryFULL
Returns Next Due Date10/06/2017
Returns Last Made Up Date13/05/2016
Directors & Members
Show Resigned
Ante Banovac - Director
(German, 52 years old, born May 1974)
Appointed 13 July 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Ante Banovac
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Sep-2023 31-Mar-2019 31-Mar-2018
Balance Sheet
Fixed Assets 1,708,032 1,708,032 1,021,039
Current Assets 349,350 349,350 214,629
Creditors Due Within One Year 164,517 164,517 -805,307
Working Cap 184,833 184,833 1,019,936
Total Assets Less Current Liabilities 1,892,865 1,892,865 2,040,975
Long-term Liabilities 0 0 1,610,614
Net Assets 1,892,865 1,892,865 2,040,975
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,892,865 1,892,865 2,040,975
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2023 31-Mar-2019 31-Mar-2018
Tangible Fixed Assets - - -
Fixed Assets 83.0% 83.0% 82.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 17.0% 17.0% 17.4%
Creditors Due Within One Year 8.0% 8.0% -65.2%
Net Current Assets Liabilities 9.0% 9.0% 82.5%
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 92.0% 92.0% 165.2%
Capital Employed - - -
Total Assets Less Current Liabilities 92.0% 92.0% 165.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2023 31-Mar-2019 31-Mar-2018
Liquidity Ratio 2.1 2.1 -0.3
Solvency Ratio 12.5 12.5 1.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2023 31-Mar-2019 31-Mar-2018
Assets 2,057,382 2,057,382 1,235,668
Debt 164,517 164,517 805,307
Net Assets/Debt 1,892,865 1,892,865 2,040,975

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 has some deficiency. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

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 has some deficiency. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  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 has some deficiency. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

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
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DELPHI CONNECTION SYSTEMS UK LTD
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JAMESON LEGAL GROUP LIMITED
UNIT 1B FOCUS FOUR, FOURTH AVENUE, LETCHWORTH, HERTFORDSHIRE, EC1A 2AY
Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a Members' voluntary winding up
Registered office address changed from 6 Snow Hill London EC1A 2AY to Menzies Llp 4th Floor 95 Gresham Street London EC2V 7AB on 4 March 2025
Registered office address changed from C/O Fletcher & Co Staffordshire House Beechdale Road Nottingham NG8 3FH to 6 Snow Hill London EC1A 2AY on 29 October 2024
Declaration of solvency
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 28 August 2023 with updates
Termination of appointment of Friedrich Neubrand as a director on 27 April 2023
Current accounting period extended from 31 March 2023 to 30 September 2023
Statement of capital on 3 November 2022
Statement by Directors
Solvency Statement dated 20/10/22
Resolutions
Confirmation statement made on 28 August 2022 with updates
Appointment of Mr Ante Banovac as a director on 13 July 2022
Resolutions
Memorandum and Articles of Association
Termination of appointment of Elangowan Maruthappan as a director on 18 May 2022
Termination of appointment of Piotr Adam Cieslak as a director on 18 May 2022
Termination of appointment of Steven Richard Bonynge as a director on 18 May 2022
Appointment of Mr Friedrich Neubrand as a director on 18 May 2022
Resolutions
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