Mechatherm International Limited
01112880
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 12 outstanding charges (-10)
Details
Compliance
Last accounts
29/02/2024
full
Next accounts due
29/07/2026
Confirmation statement
Last: 12/02/2026
Due 26/02/2027
Industry
Officers
director · Since 03/04/2019
ELECTRICAL ENGINEER
BRITISH · ENGLAND · Age 50
Also on 1 other board
Persons with Significant Control
Platinum Equity Holdings Ltd
Haden House, Waterfall Lane Trading Estate, Cradley Heath, B64 6PU
Reg: 15923747 · Registrar Of Companies Of England And Wales · Company Limited By Shares
Notified 12/10/2024
Former PSCs
Mr Andrew Frederick Riley
Ceased 30/06/2024
Mr Christopher Bryan Emes
Ceased 12/10/2024
Charges12 outstanding
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CLOSE BROTHERS LIMITED
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CompanyRankvs 65+ SIC 28210 peers42
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 29/02/2024
Net Worth
£10k
Balance sheet strength
Cash
£3.1M
Cash in the bank
Profit Before Tax
-£3.3M
Bottom line earnings
Net Current Assets
-£2.4M
Working capital
Current Assets
£8.5M
Current Liabilities
£10.8M
Fixed Assets
£1.1M
Debtors
£1.6M
Admin Expenses
£3.5M
Profit After Tax
-£3.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.78 |
Derived from filed accounts. Not audited figures.