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Mechelec (Fareham) Limited

01746618

active
Private Limited Company
england wales
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

1 ISLAY GARDENS, PORTSMOUTH, PO6 3UF
Incorporated 17/08/1983

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 30/12/2025

Due 13/01/2027

On track

Industry

29201
Manufacture of bodies for motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Peter Henry Pullen

director · Since 31/12/1991

MOTOR TRADE

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Mr Peter Henry Pullen

secretary · Since 15/08/2006

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 7 other boards

Persons with Significant Control

Mr Peter Henry Pullen

25–50% shares

British · England · Age 72

1, Islay Gardens, Portsmouth, PO6 3UF

Notified 06/04/2016

Mr Eric Cooper

25–50% shares

British · England · Age 72

1, Islay Gardens, Portsmouth, PO6 3UF

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LIBERTY LEASING LIMITED

Created 20/08/2024Registered 30/08/2024
Charge
satisfied

SECURITY TRUSTEE SERVICES LIMITED

Created 12/10/2015Registered 14/10/2015Satisfied 22/08/2021
charge
satisfied

GENER8 FINANCE LIMITED

Created 10/08/2011Registered 23/08/2011Satisfied 22/10/2015
charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 09/02/2011Registered 10/02/2011Satisfied 05/09/2011
charge
outstanding

HSBC BANK PLC

Created 17/04/2008Registered 25/04/2008
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 03/08/2004Registered 06/08/2004Satisfied 04/03/2011
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 16/06/2004Registered 19/06/2004Satisfied 04/03/2011
charge
satisfied

ABBEY NATIONAL PLC

Created 12/11/2003Registered 26/11/2003Satisfied 04/03/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/04/1995Registered 03/05/1995Satisfied 04/03/2011
charge
satisfied

BARCLAYS BANK PLC

Created 13/10/1989Registered 25/10/1989Satisfied 19/03/1996
charge
satisfied

BARCLAYS BANK PLC

Created 18/02/1987Registered 05/03/1987Satisfied 19/03/1996
charge
satisfied

BARCLAYS BANK PLC

Created 20/12/1985Registered 02/01/1986Satisfied 19/03/1996

CompanyRankvs 184+ SIC 29201 peers
54

Financial strength74th percentile among SIC peers · 19/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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184Mechelec (Fareham) Limited
64
How is this score calculated?
Financial strength19/25 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.

Liquidity2/20 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 31/07/2025

Net Worth

£55k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£44k

Current Liabilities

£99k

9avg. employees-2

Balance Sheet

Assets less current liabilities£55k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.45-£32k
20240.72-£177k
20230.85-£124k
20221.02+£6k
20211.14-£34k
20201.22+£865
20191.35-£13k
20181.20—

Derived from filed accounts. Not audited figures.