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Meddings Thermalec Limited

00950992

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

LAMEYS ONE, NEWTON ABBOT, TQ12 2HD
Incorporated 28/03/1969

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 23/10/2024

Due 06/11/2025

Overdue

Industry

28410
28410

Officers

Mr Peter Mckenzie Meddings

director · Since 07/06/1993

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 8 other boards

Mr Mark Shawn Dibbens

director · Since 07/06/2019

GENERAL MANAGER

BRITISH · UNITED KINGDOM · Age 63

Also on 3 other boards

Persons with Significant Control

W J Meddings (Holdings) Ltd

75–100% shares

W J Meddings (Holdings) Ltd, Kingsley Close, Ivybridge, PL21 9LL

Reg: 00365455 · Companies House England And Wales · Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 15/05/2008Registered 16/05/2008Satisfied 02/06/2025

Insolvency History1 case

in administration

Michelle Anne Weir (practitioner)

CompanyRankvs 15+ SIC 28410 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

-£907k

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

£1.4M

Current Liabilities

£2.7M

Fixed Assets

£995k

Debtors

£741k

33avg. employees

Balance Sheet

Assets less current liabilities-£351k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20230.51

Derived from filed accounts. Not audited figures.