Condition Monitoring Technology Group Limited
05794029
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/04/2006
CHAIRMAN
BRITISH · UNITED KINGDOM · Age 80
Also on 45 other boards
director · Since 25/04/2006
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 7 other boards
director · Since 27/01/2014
ACCOUNTANT
BRITISH · ENGLAND · Age 50
Also on 5 other boards
director · Since 12/07/2018
ENGINEER
BRITISH · UNITED KINGDOM · Age 46
Also on 2 other boards
director · Since 20/06/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 7 other boards
Persons with Significant Control
Condition Monitoring Technology Group Holdings Limited
Condition Monitoring Technology Group Limited, Hatchmoor Industrial Estate, Torrington, EX38 7HP
Reg: 13663325 · England And Wales · Limited Company
Notified 02/02/2022
Former PSCs
Mr Andres Lobato
Ceased 02/02/2022
Mrs Freda Anne Lobato
Ceased 02/02/2022
Mr Gareth Maurice Lee-Richards
Ceased 02/02/2022
Charges1 outstanding
SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH OF ITS GROUP MEMBERS
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BARCLAYS BANK PLC
CompanyRankvs 923+ SIC 27900 peers42
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2023
Net Worth
£281k
Balance sheet strength
Cash
£9k
Cash in the bank
Profit Before Tax
£166k
Bottom line earnings
Net Current Assets
-£1.2M
Working capital
Current Assets
£320k
Current Liabilities
£1.5M
Debtors
£311k
Admin Expenses
£118k
Operating Profit
-£118k
Profit After Tax
£145k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.21 | -£140k |
| 2022 | 0.33 | -£87k |
| 2021 | 0.19 | -£17k |
| 2020 | 0.33 | +£445k |
| 2019 | 0.77 | — |
Derived from filed accounts. Not audited figures.