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Shades Technics Limited

02605530

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNITS E1 - E4, RD PARK, HODDESDON, EN11 0BW
Incorporated 26/04/1991

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 16/12/2025

Due 30/12/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Leo Sherif George Merhemitch

director · Since 06/03/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Leo Sherif George Merhemitch

25–50% shares
25–50% votes

British · United Kingdom · Age 45

Units E1 - E4 Rd Park, Stephenson Close, Hoddesdon, EN11 0BW

Notified 06/04/2016

Mrs Mary Merhemitch

25–50% shares
25–50% votes

British · England · Age 74

Units E1 - E4 Rd Park, Stephenson Close, Hoddesdon, EN11 0BW

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 06/11/2003Registered 18/11/2003Satisfied 14/06/2012
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 03/12/1993Registered 07/12/1993Satisfied 27/09/1997
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 03/12/1993Registered 07/12/1993Satisfied 01/10/1998
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/09/1992Registered 10/09/1992Satisfied 05/08/2019
charge
satisfied

BARCLAYS BANK PLC

Created 25/03/1992Registered 06/04/1992Satisfied 22/01/1993

CompanyRankvs 41+ SIC 29320 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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41Shades Technics Limited
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How is this score calculated?
Financial strength24/25 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.

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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£2.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.5M

Current Liabilities

£280k

Fixed Assets

£93k

Debtors

£480k

19avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.94+£0
20258.94-£38k
20247.90+£76k
20236.67-£12k
202212.77-£172k
202113.51-£383k
20208.67+£236k
20194.12—

Derived from filed accounts. Not audited figures.