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Mechan Limited

00947728

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

BUILDING NUMBER 5 DAVY INDUSTRIAL PARK, SHEFFIELD, S9 4EX
Incorporated 11/02/1969

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/05/2026

Due 18/05/2027

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Zahir Altaf Ba Hons

director · Since 01/12/2006

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Thomas Fournier

director · Since 15/04/2019

DIRECTOR

FRENCH · FRANCE · Age 46

Mr Martin John Dootson

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Mrs Lindsey Anne Mills

director · Since 01/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mechan Group Ltd

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

Building Number 5 Industrial Park, Prince Of Wales Road, Sheffield, S9 4EX

Reg: 06307605 · Companies House · Limited

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/09/2023Registered 27/09/2023
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/08/2000Registered 08/09/2000

CompanyRankvs 153+ SIC 28220 peers
69

Financial strength79th percentile among SIC peers · 20/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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153Mechan Limited
75
How is this score calculated?
Financial strength20/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£945k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£893k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.6M

Fixed Assets

£56k

Debtors

£819k

22avg. employees+2

Tax at Year End

Corp tax£36k

Balance Sheet

Assets less current liabilities£950k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.56-£35k
20231.46—

Derived from filed accounts. Not audited figures.