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Mertech Switchboards Limited

01427664

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MERTECH HOUSE, LUTON, LU1 5BE
Incorporated 11/06/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27120
Manufacture of electricity distribution and control apparatus

Officers

Mrs Shirley Robb

director · Since 23/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mr Lloyd Blakey

director · Since 21/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mrs Shirley Robb

50–75% shares
50–75% votes
Appoint directors

British · England · Age 69

57 Kirtlington, Downhead Park, Milton Keynes, MK15 9AZ

Notified 23/05/2023

Mr Lloyd Blakey

25–50% shares
25–50% votes

British · England · Age 55

55 Lancing Road, Luton, LU2 8JN

Notified 21/08/2024

Former PSCs

Mr James David Robb

Ceased 23/05/2023

Charges2 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED (THE SECURITY HOLDER)

Created 08/10/2004Registered 13/10/2004Satisfied 16/05/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/01/2004Registered 24/01/2004
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 01/10/1999Registered 13/10/1999Satisfied 20/05/2004
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 13/10/1999Registered 13/10/1999Satisfied 20/05/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/10/1993Registered 12/10/1993
charge
satisfied

LLOYDS BANK PLC

Created 11/03/1982Registered 12/03/1982Satisfied 28/07/1993
charge
satisfied

LLOYDS BANK PLC

Created 05/12/1979Registered 10/12/1979Satisfied 28/07/1993

CompanyRankvs 235+ SIC 27120 peers
52

Financial strength63th percentile among SIC peers · 16/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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235Mertech Switchboards Limited
58
How is this score calculated?
Financial strength16/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/05/2025

Net Worth

£92k

Balance sheet strength

Cash

£213

Cash in the bank

Net Current Assets

-£54k

Working capital

Current Assets

£363k

Current Liabilities

£417k

Fixed Assets

£251k

Debtors

£223k

4avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Bank loans & overdrafts£105k
Assets less current liabilities£197k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87+£49k
20241.00+£3k
20231.05+£20k
20221.05+£23k
20211.05-£12k
20200.98+£330
20191.01+£96k
20180.66—

Derived from filed accounts. Not audited figures.