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Megadyne Uk Limited

02150935

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)
  • Going concern doubt noted in accounts (-10)

Details

MEGADYNE UK LIMITED, WEST BROMWICH, B70 7JF
Incorporated 28/07/1987

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

46760
Wholesale of other intermediate products

Officers

Mr Max Grainger Weller

director · Since 21/05/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 11 other boards

Ms Lisa Jane Hartill

secretary · Since 28/10/2024

Also on 2 other boards

Ms Lisa Jane Hartill

director · Since 12/02/2026

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Ammega Italia S.P.A

75–100% shares

16, Via Trieste, Turin

Reg: To-294460 · Registro Delle Imprese In Torino · Joint Stock Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

PAPYRUS GB LIMITED

Created 02/10/2003Registered 09/10/2003Satisfied 27/11/2012
charge
satisfied

YORKSHIRE BANK PLC

Created 14/12/2001Registered 19/12/2001Satisfied 24/04/2010
charge
satisfied

YORKSHIRE BANK PLC

Created 03/11/1999Registered 04/11/1999Satisfied 31/03/2014
charge
satisfied

YORKSHIRE BANK PLC

Created 26/01/1994Registered 01/02/1994Satisfied 07/02/1995
charge
satisfied

MIDLAND BANK PLC

Created 16/01/1990Registered 22/01/1990Satisfied 12/10/1999

CompanyRankvs 325+ SIC 46760 peers
74

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

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

Going Concern Doubt

the protection of our information technology systems. Based on our current knowledge and available information, we do not expect the cyber incident to have an impact on our ability to continue as a going concern. Page 8

Key FinancialsYear ending 31/12/2023

Net Worth

£4.0M

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£3.1M

Working capital

Current Assets

£7.2M

Current Liabilities

£4.1M

Fixed Assets

£911k

Debtors

£4.5M

32avg. employees-4
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20231.74
20211.52
20193.04
20182.58

Derived from filed accounts. Not audited figures.