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Machine Techniques (Uk) Ltd

08327008

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)
  • Negative net worth (-10)

Details

UNITS 4-5 SUTTON COURT, MARKET HARBOROUGH, LE16 9EQ
Incorporated 11/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Nigel John Furnell

secretary · Since 20/12/2012

BRITISH

Mrs Jacqueline Michelle Furnell

director · Since 20/12/2012

NONE

BRITISH · ENGLAND · Age 54

Mr Nigel John Furnell

director · Since 27/06/2022

ENGINEER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mrs Jacqueline Michelle Furnell

Significant control

British · England · Age 54

Units 4-5, Sutton Court, Market Harborough, LE16 9EQ

Notified 01/05/2016

CompanyRankvs 1844+ SIC 25620 peers
44

Financial strength3th percentile among SIC peers · 1/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 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.

Longevity14/15 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 31/12/2024

Net Worth

-£73k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£74k

Current Liabilities

£104k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities-£25k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71-£25k
20230.68

Derived from filed accounts. Not audited figures.