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Masterlite Limited

04618806

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CASTLEGATE HOUSE, HERTFORD, SG14 1HH
Incorporated 16/12/2002

Compliance

Last accounts

31/12/2022

micro entity

Next accounts due

30/09/2024

Overdue

Confirmation statement

Last: 16/12/2022

Due 30/12/2023

Overdue

Industry

96090
Other personal service activities

Officers

Lee Austen Walters

secretary · Since 16/12/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Baz Jeremy Irvine

director · Since 16/12/2002

CAMERAMAN

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Lee Austen Walters

director · Since 16/12/2002

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Lee Austen Walters

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

British · United Kingdom · Age 57

C/O Whittingtons, 1 High Street, Surrey, GU2 4HP

Notified 06/04/2016

Mr Baz Jeremy Irvine

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

British · United Kingdom · Age 59

C/O Whittingtons, 1 High Street, Surrey, GU2 4HP

Notified 06/04/2016

Insolvency History1 case

members voluntary liquidation08/11/2023

Michael James Wellard (practitioner)

CompanyRankvs 15+ SIC 96090 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 78.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2022

Net Worth

£91k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£86k

Working capital

Current Assets

£87k

Current Liabilities

£1k

Fixed Assets

£5k

0avg. employees

Balance Sheet

Assets less current liabilities£91k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202278.06-£2k
202173.45-£3k
202024.92+£8k
201911.95+£8k
201811.89+£11k
20167.13—

Derived from filed accounts. Not audited figures.