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Systemteq Limited

02246300

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

C/O D M PATEL FIRST HOUSE MERRITT HOUSE, AMERSHAM, HP6 5BQ
Incorporated 20/04/1988

Compliance

Last accounts

31/03/2022

unaudited abridged

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 30/11/2022

Due 14/12/2023

Overdue

Industry

27900
Manufacture of other electrical equipment

Officers

Mrs Lai Keon Soong

director · Since 26/04/1988

COMPANY DIRECTOR

MALAYSIAN · ENGLAND · Age 75

Also on 6 other boards

Mr Peng Cheong Soong

director · Since 26/04/1988

COMPANY DIRECTOR ACCOUNTANT

MALAYSIAN · ENGLAND · Age 75

Also on 47 other boards

Mr Peng Cheong Soong

secretary · Since 30/11/1991

MALAYSIAN · ENGLAND · Age 75

Also on 47 other boards

Persons with Significant Control

Systemteq Group Limited

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

19, Williams Way, Radlett, WD7 7HA

Reg: 02993802 · England And Wales Register Of Comp[Anies · Limited Company

Notified 01/05/2016

Charges1 outstanding

Mortgage debenture
outstanding

National Westminster Bank PLC

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 16/12/1994Registered 22/12/1994

Insolvency History1 case

creditors voluntary liquidation08/06/2023

Devdutt Mukundrai Patel (practitioner)

CompanyRankvs 15+ SIC 27900 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2022

Net Worth

£90k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£515k

Current Liabilities

£488k

Fixed Assets

£154k

Debtors

£262k

8avg. employees-2

Balance Sheet

Intangible assets£70k
Assets less current liabilities£181k
Signed by 2021-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20221.05-£304k
20211.37—

Derived from filed accounts. Not audited figures.