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Markyate Precision Machining Co Limited

04345982

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1-2 SHAROSE COURT HICKS ROAD, ST. ALBANS, AL3 8JH
Incorporated 31/12/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Dean Maurice Bygate

director · Since 10/09/2021

MANUFACTURING MANAGER

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Mrs Hazel Elizabeth Bygate

director · Since 21/01/2026

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Bygate Holdings Limited

75–100% shares
75–100% votes
Appoint directors

1-2 Sharose Court, Hicks Road, St Albans, AL3 8JH

Reg: 16293873 · The Registrar Of Companies · Private Company Limited By Shares

Notified 21/01/2026

Former PSCs

Mr Jonathan Eugine Bygate

Ceased 21/01/2026

Dean Timothy Bygate

Ceased 25/06/2021

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 16/01/2026Registered 22/01/2026
Charge
satisfied

BARCLAYS BANK PLC

Created 10/03/2014Registered 21/03/2014Satisfied 23/01/2025
charge
satisfied

BARCLAYS BANK PLC

Created 10/12/2002Registered 14/12/2002Satisfied 23/01/2025

CompanyRankvs 123+ SIC 71129 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 9.15× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£4.0M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£2.8M

Current Liabilities

£301k

Fixed Assets

£1.9M

Debtors

£434k

24avg. employees-1

Tax at Year End

Corp tax£80k

Balance Sheet

Assets less current liabilities£4.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20259.15+£130k
20246.19+£635k
20233.36+£936k
20222.64+£390k
20213.26+£406k
20203.60+£199k
20192.92—

Derived from filed accounts. Not audited figures.