Mtek Electrical Limited
05642082
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2026
micro entity
Next accounts due
31/12/2027
Confirmation statement
Last: 03/05/2026
Due 17/05/2027
Industry
Officers
Persons with Significant Control
Mr Mark Newman
British · England · Age 59
8, Spring Lane, Birmingham, B24 9BU
Notified 01/12/2016
CompanyRankvs 29542+ SIC 43210 peers45
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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 31/03/2026
Net Worth
£361
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£641
Working capital
Current Assets
£8k
Current Liabilities
£9k
Fixed Assets
£1k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.93 | — |
| 2025 | 1.18 | +£0 |
| 2024 | 1.19 | +£1k |
| 2023 | 0.94 | -£3k |
| 2022 | 0.02 | — |
Derived from filed accounts. Not audited figures.