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M-Jay Electronics Limited

01342132

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

ALBION MILLS, LEEDS, LS27 8LY
Incorporated 02/12/1977

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/07/2025

Due 18/07/2026

On track

Industry

26400
Manufacture of consumer electronics

Officers

Mrs Jennifer Hilary Varley

secretary · Since 12/07/1991

BRITISH · ENGLAND · Age 77

Also on 23 other boards

Mrs Jennifer Hilary Varley

director · Since 12/07/1991

SECRETARY

BRITISH · ENGLAND · Age 77

Also on 23 other boards

Mr John Varley

director · Since 12/07/1991

ELECTRONICS ENGINEER

BRITISH · ENGLAND · Age 78

Also on 5 other boards

Persons with Significant Control

Mr John Varley

25–50% shares
25–50% votes

British · England · Age 78

Albion Mills, Leeds, LS27 8LY

Notified 06/04/2016

Mrs Jennifer Hilary Varley

25–50% shares
25–50% votes

British · England · Age 77

Albion Mills, Leeds, LS27 8LY

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 01/03/1993Registered 04/03/1993Satisfied 02/10/2019

CompanyRankvs 28+ SIC 26400 peers
85

Financial strength89th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

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.

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

£146k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£137k

Working capital

Current Assets

£158k

Current Liabilities

£23k

Fixed Assets

£14k

4avg. employees

Balance Sheet

Assets less current liabilities£151k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20246.74+£2k
20236.82+£19k
20223.25+£25k
20211.79+£45k
20201.33+£21k
20191.22+£7k

Derived from filed accounts. Not audited figures.