Mestec Limited
03926300
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
29/09/2026
Confirmation statement
Last: 15/02/2026
Due 01/03/2027
Industry
Officers
director · Since 31/05/2022
BUSINESS EXECUTIVE
CANADIAN · CANADA · Age 66
Also on 2 other boards
Persons with Significant Control
Thames Technology Limited
The Lightbox, Willoughby Road, Bracknell, RG12 8FB
Reg: 06959823 · Register Of Companies For England And Wales · Private Limited Company
Notified 15/03/2022
Former PSCs
Mr Jeremy Jonathan Harford
Ceased 15/03/2022
Charges1 outstanding
TRINITY CAPITAL INC., AS SECURITY TRUSTEE FOR EACH SECURED PARTY
CompanyRankvs 31358+ SIC 62012 peers23
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Eyelit Holdings Corporation (Delaware Corp.) and have concluded that no material uncertainty over the company's going concern basis of accounting exists as at the date of signing the financial statements. As such, the directors consider it remains appropriate to prepare the accounts on a going concern basis. Page 3 Mestec L
Key FinancialsYear ending 31/12/2024
Net Worth
-£3.6M
Balance sheet strength
Cash
£262k
Cash in the bank
Net Current Assets
-£3.7M
Working capital
Current Assets
£1.1M
Current Liabilities
£4.7M
Fixed Assets
£94k
Debtors
£788k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.22 | -£1.1M |
| 2023 | 0.26 | -£1.6M |
| 2022 | 0.40 | -£605k |
| 2021 | 3.39 | -£99k |
| 2021 | 3.91 | -£246k |
| 2020 | 4.36 | +£492 |
| 2019 | 5.42 | — |
Derived from filed accounts. Not audited figures.