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Machtech Technology Limited

06996216

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 9, WAKEFIELD, WF2 8NZ
Incorporated 20/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Lee Andrew Ridge

director · Since 20/08/2009

DIRECTOR

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

Machtech (Wakefield) Ltd

75–100% shares

81a, Stanley Road, Wakefield, WF1 4LH

Reg: 05833121 · England And Wales · Limited Company

Notified 06/04/2016

CompanyRankvs 576+ SIC 25620 peers
74

Financial strength77th percentile among SIC peers · 19/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.44× · 12/20
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.

Employees13/15 pts

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

Liquidity12/20 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

£590k

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£582k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.3M

Fixed Assets

£11k

Debtors

£575k

17avg. employees

Tax at Year End

Corp tax£93k

Balance Sheet

Assets less current liabilities£593k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.44-£369k
20242.03+£293k
20231.79

Derived from filed accounts. Not audited figures.