Company Overview
Mmb Networks Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Wednesday 29 July 2020. Mmb Networks Limited has been in business for 5 years and 8 months. The accounts status is unaudited abridged and the accounts are next due on Tuesday 31 December 2024.
Registered Address

1-3 Arthur Street, Belfast, Antrim, BT1 4GA
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Companies House Data
Company NameMMB NETWORKS LIMITED
Company NumberNI671380
Registered Office Address1-3 Arthur Street
 BT1 4GA
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date29/07/2020
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2024
Accounts Last Made Up Date31/03/2023
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date26/08/2021
Directors & Members
Show Resigned
Traoloch Collins - Director
(Irish, 51 years old, born December 1975)
Appointed 29 July 2020
 Active
Eugene McManus - Director
(British, 55 years old, born June 1971)
Appointed 17 March 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Traoloch Collins
MMB FIBRE-TECH LIMITED
Eugene McManus
BATHROOM DISTRIBUTORS LIMITED
EMPORIO BATHROOM LIMITED
MCMANUS BROTHERS HOLDINGS LIMITED
MMB BATHROOMS LTD
MMB FIBRE-TECH LIMITED
VRG RESOURCES NI LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 234,241 234,241 21,182
Current Assets 788,037 788,037 101,952
Creditors Due Within One Year 1,059,366 1,059,366 180,738
Working Cap -271,329 -271,329 -78,786
Total Assets Less Current Liabilities -37,088 -37,088 -57,604
Long-term Liabilities 217,075 217,075 41,767
Net Assets -254,163 -254,163 -99,371
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -254,163 -254,163 -99,371
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 22.9% 22.9% 17.2%
Stocks Inventory - - -
Debtors 59.6% 59.6% 82.7%
Cash Bank In Hand 3.0% 3.0% 0.1%
Current Assets 77.1% 77.1% 82.8%
Creditors Due Within One Year 103.6% 103.6% 146.8%
Net Current Assets Liabilities -26.5% -26.5% -64.0%
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 -24.9% -24.9% -80.7%
Capital Employed - - -
Total Assets Less Current Liabilities -3.6% -3.6% -46.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.7 0.7 0.6
Solvency Ratio 0.8 0.8 0.6
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-Mar-2023 31-Mar-2022 31-Mar-2021
Assets 1,022,278 1,022,278 123,134
Debt 1,276,441 1,276,441 222,505
Net Assets/Debt -254,163 -254,163 -99,371

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. 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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Document Filings
Statement of receipts and payments to 12 September 2025
Registered office address changed from Unit 14a Building 10 Central Park Mallusk Co. Antrim Northern Ireland to 1-3 Arthur Street Belfast Antrim BT1 4GA on 2 October 2024
Statement of affairs
Appointment of a liquidator
Resolutions
Registered office address changed from 42 Barnish Road Randalstown Antrim BT41 2EJ Northern Ireland to Unit 14a Building 10 Central Park Mallusk Co. Antrim on 21 August 2024
Compulsory strike-off action has been discontinued
Confirmation statement made on 28 July 2024 with no updates
Notification of Eugene Mcmanus as a person with significant control on 17 March 2021
Cessation of Eugene Mcmanus as a person with significant control on 17 March 2021
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 28 July 2023 with no updates
Confirmation statement made on 28 July 2022 with no updates
Previous accounting period shortened from 31 July 2021 to 31 March 2021
Confirmation statement made on 28 July 2021 with updates
Appointment of Mr Eugene Mcmanus as a director on 17 March 2021
Termination of appointment of Eugene Mcmanus as a director on 17 March 2021
Incorporation
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