Back to search

Machining Technology (Mach-Tech) Ltd

03513144

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MILTON ROAD, OXFORDSHIRE, OX14 4EZ
Incorporated 18/02/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Sheena Kathleen Arnold

secretary · Since 18/02/1998

OFFICE MANAGER

BRITISH

Mr Neil Shearer Tyler

director · Since 18/02/1998

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Mr Philip David John Merison

director · Since 14/09/2009

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 77

Also on 1 other board

Persons with Significant Control

Mr Philip David John Merison

50–75% shares

British · England · Age 77

Machining Technology (Mach-Tech) Ltd, Milton Road, Abingdon, OX14 4EZ

Notified 14/09/2016

Charges1 outstanding

charge
outstanding

HITACHI CAPITAL (UK) PLC T/A HITACHI CAPITAL INVOICE FINANCE

Created 31/12/2009Registered 04/01/2010
charge
satisfied

LONDON SCOTTISH INVOICE FINANCE LTD

Created 09/07/2004Registered 19/07/2004Satisfied 10/08/2019

CompanyRankvs 1483+ SIC 71129 peers
70

Financial strength90th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Christie & Grey Limited
90
2Giltbrook Dyers And Cleaners Limited(The)
90
3Boro Foundry Limited(The)
90
4Sleeman & Hawken Limited
90
5Glebe Engineering Limited
90
6Bindon Engineering Company Limited
90
7Tool Design And Manufacture (Yate) Limited
90
8Corrosion Technology Services Europe Limited
90
9Mel Aviation Limited
90
10Accurate Cutting Services Limited
90
1483Machining Technology (Mach-Tech) Ltd
80
How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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

£51k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£401k

Current Liabilities

£384k

Fixed Assets

£332k

Debtors

£193k

21avg. employees-4

Balance Sheet

Assets less current liabilities£349k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.04-£75k
20241.31-£128k
20231.71-£159k
20221.90+£182k
20211.79-£32k
20201.58+£114k
20191.37—

Derived from filed accounts. Not audited figures.