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M.W.L. Electronics Limited

00832988

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

122 HAWES LANE, KENT, BR4 9AA
Incorporated 01/01/1965

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr David John Ward

director · Since 10/10/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mrs Alison Gail Ward

secretary · Since 02/10/2001

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Mr David John Ward

75–100% shares
75–100% votes

British · England · Age 68

122 Hawes Lane, Kent, BR4 9AA

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/03/1990Registered 13/03/1990
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/05/1985Registered 20/05/1985
charge
outstanding

WINTER SECURITIES LIMITED

Created 09/07/1970Registered 16/07/1970
charge
outstanding

WESTMINSTER BANK LTD

Created 14/08/1969Registered 22/08/1969

CompanyRankvs 11005+ SIC 68209 peers
70

Financial strength84th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 pts

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

Liquidity20/20 pts

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

Longevity15/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£220k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£113k

Current Liabilities

£49k

Fixed Assets

£157k

1avg. employees

Balance Sheet

Assets less current liabilities£220k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.30+£103
20242.29+£3k
20232.23

Derived from filed accounts. Not audited figures.