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Marlec Engineering Company Limited

01388473

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

RUTLAND HOUSE, TREVITHICK ROAD, NORTHANTS, NN17 5XY
Incorporated 12/09/1978

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

27110
Manufacture of electric motors, generators and transformers

Officers

Mr Peter John Davies

director · Since 06/11/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 4 other boards

Mr Christopher Andrew Sayer

director · Since 06/11/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 11 other boards

Mr Adrian George Dennis

director · Since 01/04/2023

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Compro Renewable Energy Ltd

75–100% shares

Rutland House, Trevithick Road, Corby, NN17 5XY

Reg: 11110578 · Companies House · Limited Company

Notified 06/11/2020

Former PSCs

Mr Ian Fawkes

Ceased 06/11/2020

Charges3 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 26/03/2026Registered 27/03/2026
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 26/02/2024Registered 27/02/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 15/03/2021Registered 19/03/2021
charge
satisfied

BARCLAYS BANK PLC

Created 22/12/2010Registered 30/12/2010Satisfied 07/06/2011
charge
satisfied

BARCLAYS BANK PLC

Created 27/03/1997Registered 10/04/1997Satisfied 07/06/2011
charge
satisfied

BARCLAYS BANK PLC

Created 29/08/1996Registered 04/09/1996Satisfied 07/06/2011
charge
satisfied

BARCLAYS BANK PLC

Created 24/02/1983Registered 07/03/1983Satisfied 07/06/2011

CompanyRankvs 15+ SIC 27110 peers
75

Financial strength82th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.75× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2020

Net Worth

£749k

Balance sheet strength

Cash

£281k

Cash in the bank

Net Current Assets

£727k

Working capital

Current Assets

£1.1M

Current Liabilities

£417k

Fixed Assets

£118k

Debtors

£269k

23avg. employees-2

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£845k
Signed by 01388473 2020-01-01 2020-12-31 01388473 2020-12-31 01388473 core:HirePurchaseContracts core:CurrentFinancialInstruments Prepared with Digita Accounts Production Advanced 6.24.8820.0

EstimatesDerived

YearCurrent RatioImplied Profit
20202.75-£2.0M
201912.46+£280k
20186.63

Derived from filed accounts. Not audited figures.