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Memtech Ltd

03324691

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)
  • Going concern doubt noted in accounts (-10)

Details

MELTON GROVE WORKS, LYTHAM ST. ANNES, FY8 5PL
Incorporated 26/02/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Simon John Thorpe

director · Since 26/02/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mrs Jayne Christine Thorpe

director · Since 18/01/2017

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mr Simon John Thorpe

Significant control

British · England · Age 59

Melton Grove Works, Church Road, Lytham St. Annes, FY8 5PL

Notified 06/04/2016

Former PSCs

Mrs Jayne Christine Thorpe

Ceased 04/12/2025

CompanyRankvs 7750+ SIC 43999 peers
61

Financial strength25th percentile among SIC peers · 6/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.15× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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7750Memtech Ltd
71
How is this score calculated?
Financial strength6/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent compan

Key FinancialsYear ending 30/12/2024

Net Worth

£100

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

£242k

Working capital

Current Assets

£452k

Current Liabilities

£210k

Debtors

£350k

Profit After Tax

£100k

107avg. employees+22

Tax at Year End

Corp tax£122k
Dividends paid£68k

Balance Sheet

Assets less current liabilities£242k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.15
20232.20
20210.49

Derived from filed accounts. Not audited figures.