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Miktek Limited

02804640

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GRASSY LANE FARM GRASSY LANE, BURY ST. EDMUNDS, IP30 9YU
Incorporated 29/03/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products
33110
Repair of fabricated metal products

Officers

Mrs Lorraine Mary Peart

secretary · Since 29/03/1993

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Mr Michael Owen Peart

director · Since 29/03/1993

CIVIL ENGINEER

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mrs Lorraine Mary Peart

director · Since 01/09/1995

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Persons with Significant Control

Mr Michael Owen Peart

25–50% shares
25–50% votes

British · England · Age 67

Grassy Lane Farm, Grassy Lane, Bury St. Edmunds, IP30 9YU

Notified 06/04/2016

Mrs Lorraine Mary Peart

25–50% shares
25–50% votes

British · England · Age 66

Grassy Lane Farm, Grassy Lane, Bury St. Edmunds, IP30 9YU

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 15/03/2000Registered 17/03/2000

CompanyRankvs 4629+ SIC 25990 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4629Miktek Limited
45
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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

-£41k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£121k

Working capital

Current Assets

£156k

Current Liabilities

£276k

Fixed Assets

£82k

Debtors

£132k

11avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£39k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£163k
20241.44-£44k
20231.45+£106k
20221.54+£7k
20211.57+£12k
20201.09+£8k
20191.20—

Derived from filed accounts. Not audited figures.