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Materials Testing Equipment Limited

02291030

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

GILWILLY IND EST, CUMBRIA, CA11 9BQ
Incorporated 30/08/1988

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

43999
Specialised construction activities

Officers

Mr Tony Setterfield

director · Since 04/08/2015

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mrs Valerie Ann Setterfield

secretary · Since 20/07/2020

Also on 2 other boards

Mr Martin Liam Gray

director · Since 29/09/2025

GENERAL MANAGER

SCOTTISH · SCOTLAND · Age 58

Mrs Valerie Ann Setterfield

director · Since 29/09/2025

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Tony Setterfield

75–100% shares

British · United Kingdom · Age 62

Gilwilly Ind Est, Cumbria, CA11 9BQ

Notified 20/07/2020

Former PSCs

Mrs Joan Barton

Ceased 16/10/2018

Mrs Joan Barton

Ceased 20/07/2020

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 05/06/1990Registered 18/06/1990Satisfied 14/07/2021

CompanyRankvs 4871+ SIC 43999 peers
80

Financial strength81th percentile among SIC peers · 20/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.83× · 16/20
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 strength20/25 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£86k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£225k

Current Liabilities

£123k

Fixed Assets

£4k

6avg. employees

Balance Sheet

Assets less current liabilities£109k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83-£4k
20241.90+£49k
20231.81

Derived from filed accounts. Not audited figures.