M-Tech Systems Limited
04843249
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/07/2003
IT CONSULTANT
BRITISH · UNITED KINGDOM · Age 48
Also on 3 other boards
Persons with Significant Control
Red Sphere Holdings Limited
Martello House, Edward Road, Eastbourne, BN23 8AS
Reg: 09040513 · England · Limited Company
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 10754+ SIC 62090 peers64
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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.
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 30/09/2025
Net Worth
£191k
Balance sheet strength
Cash
£58k
Cash in the bank
Net Current Assets
-£112k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.3M
Fixed Assets
£305k
Debtors
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.91 | +£6k |
| 2024 | 1.01 | +£65k |
| 2023 | 0.96 | — |
| 2022 | 1.19 | — |
| 2021 | 1.23 | — |
Derived from filed accounts. Not audited figures.