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Machtech (Wakefield) Limited

05833121

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

UNIT 9, WAKEFIELD, WF2 8NZ
Incorporated 31/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Lee Andrew Ridge

director · Since 01/06/2006

ENGINEER

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Steven Christopher Parkin

director · Since 26/03/2026

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Steven Christopher Parkin

75–100% shares

British · England · Age 59

Unit 9, Thornes Moor Road, Wakefield, WF2 8NZ

Notified 06/04/2016

CompanyRankvs 657+ SIC 77320 peers
71

Financial strength77th percentile among SIC peers · 19/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.82× · 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 strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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 31/08/2025

Net Worth

£443k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£363k

Working capital

Current Assets

£439k

Current Liabilities

£75k

Fixed Assets

£165k

Debtors

£416k

0avg. employees

Tax at Year End

Corp tax£17k

Balance Sheet

Assets less current liabilities£528k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.82+£426k
20245.19-£7k
20232.66

Derived from filed accounts. Not audited figures.