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Microtec Networks Limited

06486757

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

8 BEVERLEY CLOSE, PENKRIDGE, STAFFORDSHIRE, ST19 5SS
Incorporated 29/01/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr David Edward Weaver

director · Since 29/01/2008

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mrs Emma Weaver

75–100% shares

British · England · Age 45

8 Beverley Close, Penkridge, Staffordshire, ST19 5SS

Notified 29/01/2024

Former PSCs

Mr David Edward Weaver

Ceased 29/01/2024

CompanyRankvs 24942+ SIC 62090 peers
58

Financial strength64th percentile among SIC peers · 16/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.56× · 6/20
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 strength16/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/03/2025

Net Worth

£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£16k

Current Liabilities

£30k

Fixed Assets

£35k

1avg. employees-1

Balance Sheet

Assets less current liabilities£22k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56-£19k
20241.45+£23k
20231.61—

Derived from filed accounts. Not audited figures.