Microwave Technology Ltd
06037958
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 27/09/2025
Due 11/10/2026
Industry
Officers
Persons with Significant Control
Mr Avtar Singh Virdee
British · England · Age 66
7, Bougainvillea Drive, Northampton, NN3 3XD
Notified 27/09/2016
CompanyRankvs 456+ SIC 26110 peers63
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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
£31k
Balance sheet strength
Cash
£100k
Cash in the bank
Net Current Assets
£24k
Working capital
Current Assets
£100k
Current Liabilities
£76k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.31 | +£38k |
| 2023 | 0.54 | -£10k |
| 2022 | 0.79 | -£14k |
| 2021 | 1.33 | -£26k |
| 2020 | 1.68 | +£41k |
| 2019 | 1.03 | -£19k |
| 2018 | 1.22 | — |
Derived from filed accounts. Not audited figures.