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Mechelec Engineering Ltd

05295379

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

475 WALSHAW ROAD, BURY, BL8 3AE
Incorporated 24/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Mark Neville Dunn

director · Since 24/11/2004

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Ashley Mark Dunn

director · Since 01/08/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Mark Neville Dunn

50–75% shares

British · United Kingdom · Age 62

475, Walshaw Road, Bury, BL8 3AE

Notified 04/08/2016

Mr Ashley Dunn

25–50% shares

British · England · Age 35

475, Walshaw Road, Bury, BL8 3AE

Notified 22/04/2022

CompanyRankvs 867+ SIC 43210 peers
87

Financial strength93th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.02× · 20/20
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 strength23/25 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.

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.

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

Key FinancialsYear ending 31/01/2026

Net Worth

£267k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£106k

Working capital

Current Assets

£159k

Current Liabilities

£53k

Fixed Assets

£171k

8avg. employees

Balance Sheet

Assets less current liabilities£277k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20263.02-£76k
20253.42+£4k
20244.12-£9k
20234.03

Derived from filed accounts. Not audited figures.