Multitek Power Ltd
06491225
Healthy
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/01/2019
DIRECTOR
BRITISH · ENGLAND · Age 84
Also on 5 other boards
director · Since 03/01/2019
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 5 other boards
director · Since 03/01/2019
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 77
Also on 23 other boards
Persons with Significant Control
Howard Butler Limited
Crown Works, Lincoln Road, Walsall, WS1 2EB
Notified 03/01/2019
Former PSCs
Trevor William Avery
Ceased 03/01/2019
CompanyRankvs 4380+ SIC 26110 peers69
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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 31/03/2021
Net Worth
£100
Balance sheet strength
Cash
£106k
Cash in the bank
Profit Before Tax
£96k
Bottom line earnings
Net Current Assets
£490k
Working capital
Current Assets
£579k
Current Liabilities
£88k
Fixed Assets
£3k
Debtors
£364k
Gross Profit
£467k
Admin Expenses
£342k
Operating Profit
£96k
Profit After Tax
£87k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 6.55 |
| 2020 | 3.58 |
| 2019 | 4.31 |
Derived from filed accounts. Not audited figures.