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Micross Components Limited

01803460

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)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 HELLESDON PARK ROAD, NORWICH, NR6 5DR
Incorporated 27/03/1984

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 30/04/2026

Due 14/05/2027

On track

Industry

26110
Manufacture of electronic components

Officers

Mr Neil Davies

director · Since 17/05/2016

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Graham Michael John Jefferies

director · Since 01/09/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 32 other boards

Mr Kenneth Nathan Kates

director · Since 06/03/2026

AMERICAN · UNITED STATES · Age 52

Persons with Significant Control

Micross Components Holdings Ltd

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

2, Hellesdon Park Road, Drayton High Road, Norwich, NR6 5DR

Reg: 05724927 · England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 13/08/2020Registered 14/08/2020
Charge
outstanding

ALLY BANK

Created 05/06/2020Registered 09/06/2020
charge
satisfied

DAVID ROBERT MALE, SABINE CHRISTINE WATTEZ

Created 18/01/2011Registered 20/01/2011Satisfied 15/11/2012
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 12/02/2008Registered 12/02/2008Satisfied 07/12/2016
charge
satisfied

GE COMMERCIAL FINANCE LIMITED (THE SECURITY HOLDER)

Created 30/03/2006Registered 19/04/2006Satisfied 07/12/2016
charge
satisfied

BARCLAYS BANK PLC

Created 05/09/1989Registered 13/09/1989Satisfied 07/04/2006
charge
satisfied

BARCLAYS BANK PLC

Created 30/08/1988Registered 08/09/1988Satisfied 07/04/2006
charge
satisfied

BARCLAYS BANK PLC

Created 11/07/1984Registered 19/07/1984Satisfied 07/04/2006

CompanyRankvs 15+ SIC 26110 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.09× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2025

Turnover

£41.5M

Annual revenue

Net Worth

£21.5M

Balance sheet strength

Cash

£4.3M

Cash in the bank

Profit Before Tax

£18.5M

Bottom line earnings

Net Current Assets

£17.4M

Working capital

Current Assets

£25.7M

Current Liabilities

£8.3M

Fixed Assets

£4.4M

Debtors

£20.0M

Cost of Sales

£15.4M

Gross Profit

£26.1M

Admin Expenses

£7.6M

Operating Profit

£18.6M

Profit After Tax

£13.8M

130avg. employees

Tax at Year End

Corp tax£1.4M
Dividends paid-£7.6M

People Costs

Wages & salaries£5.4M
NI contributions£667k

Balance Sheet

Intangible assets£2.2M
Assets less current liabilities£21.7M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20253.09+£0
20253.09+£6.1M
20242.12+£2.4M
20231.95+£4.4M
20223.07+£338k
20213.00-£798
20203.51+£683k
20193.85+£205k
20182.48-£1.1M
20173.73

Derived from filed accounts. Not audited figures.