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Micaline Electrical Systems Limited

02456804

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 4, BLOCK A WEDNESBURY TRADING ESTATE, WEDNESBURY, WS10 7JN
Incorporated 02/01/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
26512
Manufacture of electronic industrial process control equipment

Officers

Mr Mark James Wakeman

director · Since 21/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Micaline Hww Ltd

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

Unit 4, Block A, Wednesbury Trading Estate, Wednesbury, WS10 7JN

Reg: 10443649 · Register Of Companies House · Limited

Notified 31/12/2016

Former PSCs

Mr Paul William Myatt

Ceased 31/12/2016

Mrs Lynda Patricia Myatt

Ceased 31/12/2016

Charges2 outstanding

Charge
outstanding

LYNDA PATRICIA MYATT · PAUL WILLIAM MYATT

Created 31/12/2016Registered 14/06/2017
charge
outstanding

BARCLAYS BANK PLC

Created 16/01/1990Registered 24/01/1990

CompanyRankvs 136+ SIC 26511 peers
71

Financial strength79th percentile among SIC peers · 20/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.05× · 20/20
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 strength20/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£631k

Balance sheet strength

Cash

£331k

Cash in the bank

Net Current Assets

£606k

Working capital

Current Assets

£805k

Current Liabilities

£199k

Fixed Assets

£27k

Debtors

£267k

7avg. employees

Balance Sheet

Assets less current liabilities£633k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.05+£110k
20236.47+£70k
20225.88+£14k
20216.25

Derived from filed accounts. Not audited figures.