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Megtraco Limited

04546572

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

47 BUTT ROAD, ESSEX, CO3 3BZ
Incorporated 26/09/2002

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Dollar Patel

secretary · Since 26/09/2002

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Dollar Patel

director · Since 26/09/2002

SHOP MANAGER

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Meenaben Patel

director · Since 26/09/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Dollar Patel

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 57

166 Point Clear Road, St Osyth, Clacton On Sea, CO16 8JB

Notified 30/09/2016

Mrs Meenaben Patel

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 52

166 Point Clear Road, St Osyth, Clacton On Sea, CO16 8JB

Notified 30/09/2016

CompanyRankvs 1177+ SIC 47190 peers
84

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£524k

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£156k

Working capital

Current Assets

£323k

Current Liabilities

£166k

Fixed Assets

£407k

Debtors

£32k

10avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£564k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.94-£50k
20231.84-£30k
20222.17
20212.57
20202.63

Derived from filed accounts. Not audited figures.