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Marine Electronic Systems Limited

01316635

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

14 WESTWOOD COURT, SOUTHAMPTON, SO40 3WX
Incorporated 10/06/1977

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Steven Grahame Howells

director · Since 05/01/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Samuel Michael Whitlock

director · Since 24/09/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Persons with Significant Control

Mes Group (Southern) Limited

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

14 Westwood Court, Brunel Road, Southampton, SO40 3WX

Reg: 12160163 · Companies House · Lited By Shares

Notified 24/09/2019

Former PSCs

Mes (Holdings) Limited

Ceased 24/09/2019

Charges3 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 02/02/2017Registered 06/02/2017
Charge
satisfied

MICHAEL ANTHONY WHITLOCK

Created 27/03/2014Registered 28/03/2014Satisfied 01/10/2019
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 24/01/2012Registered 31/01/2012
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC.

Created 12/04/1990Registered 26/04/1990Satisfied 14/05/2002
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 03/03/1989Registered 10/03/1989

CompanyRankvs 17937+ SIC 74909 peers
53

Financial strength43th percentile among SIC peers · 11/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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17937Marine Electronic Systems Limited
63
How is this score calculated?
Financial strength11/25 pts

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

Employees2/15 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

£1k

Balance sheet strength

Cash

£785k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.1M

Current Liabilities

£681k

Fixed Assets

£14k

Debtors

£1.2M

0avg. employees-15

Tax at Year End

Corp tax£168k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20253.02
20242.17
20233.10
20222.71
20211.82
20201.82
20191.66

Derived from filed accounts. Not audited figures.