Martec Limited
02122813
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 10/02/2026
Due 24/02/2027
Industry
Officers
Lance Edward D'Amico
secretary · Since 06/09/2016
Lance Edward D'Amico
director · Since 12/11/2025
American
Craig Anthony Lampo
director · Since 14/03/2016
American
Luc Walter
director · Since 14/03/2016
American
Former
Llinos Eleri Harnett
secretary · Resigned 14/03/2016
Rosamonde Mary Harnett
secretary · Resigned 29/03/2001
Edward Charles Wetmore
secretary · Resigned 06/09/2016
Abogado Nominees Limited
corporate secretary · Resigned 17/07/2023
Daniel Harnett
director · Resigned 14/03/2016
Herbert Martin Harnett
director · Resigned 29/03/2001
Rosamonde Mary Harnett
director · Resigned 29/03/2001
Richard Adam Norwitt
director · Resigned 14/03/2016
Richard Adam Norwitt
director · Resigned 12/11/2025
Luc Walter
director · Resigned 14/03/2016
CompanyRankvs 105+ SIC 23190 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
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 co
Key FinancialsYear ending 31/12/2024
Turnover
£10.0M
Annual revenue
Net Worth
£8.4M
Balance sheet strength
Cash
£4.3M
Cash in the bank
Profit Before Tax
£2.3M
Bottom line earnings
Net Current Assets
£7.6M
Working capital
Current Assets
£8.5M
Current Liabilities
£937k
Fixed Assets
£920k
Debtors
£2.5M
Cost of Sales
£6.7M
Gross Profit
£3.2M
Admin Expenses
£739k
Operating Profit
£2.1M
Profit After Tax
£1.8M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 9.07 | +£1.8M |
| 2023 | 6.05 | +£2.2M |
| 2022 | 4.34 | — |
Derived from filed accounts. Not audited figures.