M-Tech Engineering (Derby) Limited
04793050
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 18/06/2025
Due 02/07/2026
Industry
Officers
Persons with Significant Control
Mr Ben Newton
English · England · Age 42
Unit 12a, Derby, DE22 1DZ
Notified 30/09/2021
Former PSCs
Mrs Carol Anne Allen
Ceased 30/09/2021
Mr Kenneth Allen
Ceased 30/09/2021
CompanyRankvs 300+ SIC 24100 peers49
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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
£10k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£63k
Working capital
Current Assets
£28k
Current Liabilities
£91k
Fixed Assets
£90k
Debtors
£25k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.31 | +£6k |
| 2023 | 0.57 | +£1k |
| 2022 | 0.50 | -£44k |
| 2021 | 0.76 | -£129k |
| 2020 | 1.51 | +£15k |
| 2019 | 1.25 | — |
Derived from filed accounts. Not audited figures.