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Micro Materials Limited

02332065

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

WILLOW HOUSE YALE BUSINESS VILLAGE, ELLICE WAY, WREXHAM, LL13 7YL
Incorporated 30/12/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26513
Manufacture of non-electronic instruments for measuring, testing and navigation

Officers

Dr Krishna Narain

director · Since 09/03/2017

SALES MANAGER

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Sanjay Narain

director · Since 09/03/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Mr Gregory Favaro

director · Since 20/03/2026

SWISS · SWITZERLAND · Age 49

Mr Vishal Khosla

director · Since 20/03/2026

AMERICAN · UNITED STATES · Age 45

Mr Jun Xiao

director · Since 20/03/2026

AMERICAN · UNITED STATES · Age 57

Persons with Significant Control

Former PSCs

Mr David Winton Harding

Ceased 09/03/2017

Spantech Products Limited

Ceased 20/03/2026

Charges1 outstanding

Charge
outstanding

RTEC-INSTRUMENTS, INC.

Created 20/03/2026Registered 30/03/2026
Charge
satisfied

SPANTECH PRODUCTS LIMITED

Created 01/02/2024Registered 01/02/2024Satisfied 30/03/2026
Charge
satisfied

LLOYDS BANK PLC

Created 04/01/2024Registered 04/01/2024Satisfied 25/02/2026
Charge
satisfied

LLOYDS BANK PLC

Created 06/10/2023Registered 09/10/2023Satisfied 12/08/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/03/2019Registered 29/03/2019Satisfied 12/06/2023
Charge
satisfied

SPANTECH PRODUCTS LIMITED

Created 09/03/2017Registered 13/03/2017Satisfied 01/02/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/01/2016Registered 22/01/2016Satisfied 12/06/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/08/2006Registered 01/09/2006Satisfied 17/01/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/11/2000Registered 07/12/2000Satisfied 28/12/2006

CompanyRankvs 44+ SIC 26513 peers
35

Financial strength0th percentile among SIC peers · 0/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees3/15 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

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£334k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£111k

Working capital

Current Assets

£674k

Current Liabilities

£563k

Fixed Assets

£28k

Debtors

£471k

0avg. employees

Balance Sheet

Intangible assets£26k
Assets less current liabilities£138k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.20+£0
20251.20+£57k
20241.28-£301k
20231.46-£134k
20221.52

Derived from filed accounts. Not audited figures.