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Bytec Systems Limited

03003437

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C4 ROCK BUSINESS PARK THE HOLLOW, PULBOROUGH, RH20 3GR
Incorporated 20/12/1994

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/12/2025

Due 20/12/2026

On track

Industry

26120
Manufacture of loaded electronic boards
26512
Manufacture of electronic industrial process control equipment

Officers

Mr Bernard Mifsud

director · Since 20/12/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Bernard Mifsud

secretary · Since 03/02/1997

ENGINEER

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Bytec Group Limited

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

C4 Rock Business Park, The Hollow, Pulborough, RH20 3GR

Reg: 06281179 · Companies House · Limited By Shares

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/07/2001Registered 31/07/2001

CompanyRankvs 250+ SIC 26120 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.63× · 6/20
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 strength1/25 pts

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

Employees13/15 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 31/12/2024

Net Worth

-£87k

Balance sheet strength

Cash

£173

Cash in the bank

Net Current Assets

-£138k

Working capital

Current Assets

£231k

Current Liabilities

£369k

Fixed Assets

£72k

Debtors

£5k

12avg. employees-8

Balance Sheet

Assets less current liabilities-£66k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63+£237k
20230.53

Derived from filed accounts. Not audited figures.