Back to search

M-Technic Limited

03027507

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 6A/6B THROCKLEY WAY, SOUTH SHIELDS, NE34 0NU
Incorporated 28/02/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Mark Turnbull

director · Since 28/02/1995

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Michelle Teresa Turnbull

secretary · Since 31/12/2003

BRITISH · Age 65

Also on 3 other boards

Persons with Significant Control

Mr Mark Turnbull

significant-influence-or-control-as-firm

British · England · Age 65

Unit 6a/6b, Throckley Way, South Shields, NE34 0NU

Notified 28/02/2017

Charges2 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 11/10/2018Registered 11/10/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/03/2000Registered 03/04/2000Satisfied 27/09/2018
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/01/2000Registered 08/02/2000
charge
satisfied

YORKSHIRE BANK PLC

Created 23/04/1999Registered 08/05/1999Satisfied 21/10/2000
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 28/02/1997Registered 13/03/1997Satisfied 21/10/2000

CompanyRankvs 65704+ SIC 82990 peers
50

Financial strength88th percentile among SIC peers · 22/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1British And Foreign Wharf Company Limited(The)
90
2Cumberland Electrochemical Limited
90
3Haircloth Weaving & Finishing Company Limited
90
4Frank P. Matthews Limited
90
5Morris, Corfield & Co Holdings Ltd
90
6J.Clarke Transport(Lichfield)Limited
90
7New England Stud Farm Limited
90
8G.R.Carr (Essex) Limited
90
9J.Browne Construction Company Limited
90
10Henbrandt Limited
90
65704M-Technic Limited
56
How is this score calculated?
Financial strength22/25 pts

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

Employees2/15 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

£194k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£170k

Current Liabilities

£221k

Fixed Assets

£260k

Debtors

£127k

0avg. employees

Balance Sheet

Intangible assets£1
Prepared with v2025.83.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77+£48k
20240.05-£15k
20230.21-£43k
20220.45-£54k
20210.98-£23k
20200.74-£105k
20194.95+£8k
201787.32—

Derived from filed accounts. Not audited figures.