M-Tech Lite Limited
05501129
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/06/2009
DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 6 other boards
Persons with Significant Control
M-Tech Limited
Unit 15 Elford Lowe Farm, Elford, Tamworth, B79 9BJ
Reg: 04399133 · England And Wales · Limited Company
Notified 06/04/2016
CompanyRankvs 129062+ SIC 82990 peers39
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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
-£105k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£83k
Working capital
Current Assets
£115k
Current Liabilities
£198k
Fixed Assets
£981
Debtors
£106k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.58 | -£10k |
| 2023 | 0.66 | -£5k |
| 2022 | 0.69 | +£9k |
| 2021 | 0.66 | -£21k |
| 2020 | 0.77 | — |
| 2019 | 0.64 | — |
| 2018 | 0.69 | — |
Derived from filed accounts. Not audited figures.