Mat Engineering Ltd
08014587
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Nicolae Mateescu
Romanian · England · Age 67
28, Nicholas Close, Watford, WD24 6DH
Notified 01/04/2023
Former PSCs
Adrian Mateescu
Ceased 31/03/2023
Mrs Monica Mateescu
Ceased 25/10/2022
CompanyRankvs 9226+ SIC 42990 peers44
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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 31/03/2025
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£8k
Working capital
Current Assets
£4k
Current Liabilities
£12k
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.31 | +£10k |
| 2024 | 0.04 | -£5k |
| 2023 | 0.00 | -£3k |
| 2022 | 0.38 | — |
| 2021 | 0.14 | — |
Derived from filed accounts. Not audited figures.