Machtech Limited
04334262
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/03/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 62
Also on 8 other boards
Persons with Significant Control
Ram Extrusion Limited
Unit 203, Pointon Way, Droitwich Spa, WR9 0LW
Reg: 06684549 · England And Wales · Limited Company
Notified 01/01/2023
Former PSCs
Mrs Diane Janette Pring
Ceased 01/01/2023
Mr Christopher Charles Pring
Ceased 01/01/2023
Charges0 outstanding
HSBC BANK PLC
CompanyRankvs 88111+ SIC 82990 peers52
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£11k
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
-£34k
Working capital
Current Assets
£45k
Current Liabilities
£79k
Fixed Assets
£28k
Debtors
£20k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.57 | -£40k |
| 2023 | 1.04 | -£9k |
| 2022 | 1.29 | +£4k |
| 2021 | 1.02 | -£8k |
| 2020 | 1.11 | -£2k |
| 2019 | 1.36 | -£3k |
| 2018 | 1.54 | — |
Derived from filed accounts. Not audited figures.