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Momentum Technology Limited

03284231

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

2 THE PANTILES, WORTHING, BN12 5NE
Incorporated 26/11/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Derren Neve

director · Since 04/12/1996

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Trevor Howard Neve

director · Since 04/12/1996

COMPANY SECRETARY/DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 4 other boards

Mrs Elaine Pauline Neve

director · Since 06/04/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 1 other board

Persons with Significant Control

Mrs Elaine Pauline Neve

75–100% shares
75–100% votes

British · United Kingdom · Age 79

15 Tudor Close, Middleton On Sea, Bognor Regis, PO22 6DN

Notified 06/04/2016

Mr Trevor Howard Neve

75–100% shares
75–100% votes

British · United Kingdom · Age 80

15 Tudor Close, Middleton On Sea, Bognor Regis, PO22 6DN

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 10/07/2001Registered 20/07/2001Satisfied 04/05/2004

CompanyRankvs 758+ SIC 28990 peers
70

Financial strength72th percentile among SIC peers · 18/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.88× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

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 30/11/2024

Net Worth

£381k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£181k

Working capital

Current Assets

£207k

Current Liabilities

£26k

Fixed Assets

£223k

0avg. employees

Balance Sheet

Assets less current liabilities£404k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.88+£8k
20239.64+£4k
20229.05-£794
20215.35—

Derived from filed accounts. Not audited figures.