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M-Tech Computers Limited

03088778

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

74A HIGH ST WANSTEAD, E11 2RJ
Incorporated 08/08/1995

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 15/05/2026

Due 29/05/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Wayne Samuel George Shemmell

director · Since 08/08/1995

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 7 other boards

Joanne Lesley Shemmell

secretary · Since 01/01/2000

ACCOUNTS

BRITISH · Age 53

Persons with Significant Control

Mr Wayne Samuel George Shemmell

25–50% shares
Appoint directors

British · England · Age 59

74a High St Wanstead, E11 2RJ

Notified 08/08/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 28/02/2002Registered 16/03/2002
charge
outstanding

BARCLAYS BANK PLC

Created 21/12/2000Registered 03/01/2001

CompanyRankvs 15741+ SIC 62020 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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15741M-Tech Computers Limited
72
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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 31/08/2024

Net Worth

£702k

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

-£260k

Working capital

Current Assets

£694k

Current Liabilities

£955k

Fixed Assets

£982k

Debtors

£601k

15avg. employees-10

Balance Sheet

Assets less current liabilities£722k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£56k
20230.67+£8k
20220.66+£62k
20210.56+£98k
20200.37+£145k
20190.22+£437k
20180.11—

Derived from filed accounts. Not audited figures.