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Mecelec Design Limited

02410618

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O OPUS RESTRUCTUTING LLP 1 RADIAN COURT, MILTON KEYNES, MK5 8PJ
Incorporated 02/08/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Darren Poinasamy

director · Since 12/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 6 other boards

Persons with Significant Control

Phoenix Dynamic Engineering Ltd

75–100% shares
75–100% votes

62, Bartholomew Street, Newbury, RG14 7BE

Reg: 15592687 · England And Wales Companies House · Private Limited Company

Notified 12/06/2024

Former PSCs

Mr Neil Robert Evans

Ceased 19/07/2023

Mr Neil Pearce

Ceased 12/06/2024

Charges1 outstanding

Charge
outstanding

SENECA TRADE FINANCE LTD

Created 11/12/2024Registered 12/12/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/12/2015Registered 24/12/2015Satisfied 28/07/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/05/1993Registered 18/06/1993Satisfied 04/01/2024

CompanyRankvs 15+ SIC 71121 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.49× · 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.

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

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

Key FinancialsYear ending 31/05/2024

Net Worth

£342k

Balance sheet strength

Cash

£335k

Cash in the bank

Net Current Assets

£335k

Working capital

Current Assets

£1.0M

Current Liabilities

£680k

Fixed Assets

£18k

Debtors

£195k

Profit After Tax

£174k

14avg. employees-5

Tax at Year End

Dividends paid£34k

Balance Sheet

Intangible assets£1
Assets less current liabilities£352k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49+£38k
20231.60+£140k
20221.24+£132k
20211.08+£123k
20200.86

Derived from filed accounts. Not audited figures.