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Microlec Limited

01967766

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

2 STATION ROAD, SHEFFIELD, S21 4FX
Incorporated 03/12/1985

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

26512
Manufacture of electronic industrial process control equipment

Officers

Mr Michael Alan Judge

director · Since 03/12/1985

ELECTRONIC ENGINEER

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Mr Michael Alan Judge

secretary · Since 25/08/1991

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Persons with Significant Control

Mr Michael Alan Judge

75–100% shares

British · England · Age 69

2 Station Road, Sheffield, S21 4FX

Notified 06/04/2016

CompanyRankvs 562+ SIC 26512 peers
41

Financial strength10th percentile among SIC peers · 3/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength3/25 pts

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

Employees6/15 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.

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

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£475

Current Liabilities

£13k

Fixed Assets

£11k

1avg. employees

Balance Sheet

Assets less current liabilities-£1k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£821
20230.04

Derived from filed accounts. Not audited figures.