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Mettex Electric Company Limited

01138730

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

METTEX ELECTRIC CO LTD, BANBURY, OX16 4SP
Incorporated 10/10/1973

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

25930
Manufacture of wire products, chain and springs
25990
Manufacture of other fabricated metal products
27320
Manufacture of other electronic and electric wires and cables

Officers

Sylvia Toni Tipper

secretary · Since 07/07/1993

British

Sylvia Toni Tipper

director · Since 07/07/1993

British

Jason Michael Watkinson

director · Since 23/04/2026

British

Former

Andrew Tilstone

secretary · Resigned 07/07/1993

Toni Sylvia Tipper

secretary · Resigned 20/03/1992

Keith Ridley

director · Resigned 31/03/2026

Andrew Tilstone

director · Resigned 07/07/1993

David Vincent Tipper

director · Resigned 19/08/2010

David Vincent Tipper

director · Resigned 20/03/1992

Samuel Vincent Tipper

director · Resigned 23/04/2026

Toni Sylvia Tipper

director · Resigned 20/03/1992

CompanyRankvs 105+ SIC 25930 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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

Going concern doubt: -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 going co

Key FinancialsYear ending 31/03/2025

Turnover

£8.7M

Annual revenue

Net Worth

£5.6M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£185k

Bottom line earnings

Net Current Assets

£3.2M

Working capital

Current Assets

£4.6M

Current Liabilities

£1.4M

Fixed Assets

£2.5M

Debtors

£1.8M

Cost of Sales

£6.3M

Gross Profit

£2.4M

Admin Expenses

£2.3M

Operating Profit

£139k

Profit After Tax

£131k

63avg. employees

Tax at Year End

Corp tax£38k
Dividends paid£64k

People Costs

Wages & salaries£2.8M
NI contributions£108k

Balance Sheet

Assets less current liabilities£5.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20253.26

Derived from filed accounts. Not audited figures.