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Micronet Infotech Limited

05006536

active
Private Limited Company
england wales
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

32 THE METRO CENTRE, WATFORD, WD18 9SB
Incorporated 06/01/2004

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Minaxi Mehta

secretary · Since 06/01/2004

COMPANY SECRETARY

BRITISH · Age 63

Mr Mayur Mehta

director · Since 06/01/2004

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mrs Minaxi Mayur Mehta

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

British · England · Age 63

32, The Metro Centre, Watford, WD18 9SB

Notified 06/04/2016

Mr Mayur Mehta

50–75% shares
50–75% votes
Appoint directors

British · England · Age 64

32, The Metro Centre, Watford, WD18 9SB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/02/2016Registered 24/02/2016

CompanyRankvs 233+ SIC 62020 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.06× · 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 30/06/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.4M

Current Liabilities

£480k

Fixed Assets

£20k

Debtors

£1.2M

27avg. employees

Balance Sheet

Assets less current liabilities£2.0M
Signed by Mr Mayur Mehta 26/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.06+£0
20255.06—
20244.34—
20233.88—

Derived from filed accounts. Not audited figures.