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Meco Maitha Ltd

08417231

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

7 REDBRIDGE LANE EAST, ILFORD, IG4 5ET
Incorporated 25/02/2013

Compliance

Last accounts

31/03/2025

medium

Next accounts due

07/01/2027

On track

Confirmation statement

Last: 21/02/2026

Due 07/03/2027

On track

Industry

70100
Activities of head offices

Officers

Mr Ashok Puri

director · Since 25/02/2013

BUSINESSMAN

KENYAN · UNITED ARAB EMIRATES · Age 71

Also on 2 other boards

Mrs Manju Puri

director · Since 11/03/2026

INDIAN · UNITED ARAB EMIRATES · Age 67

Persons with Significant Control

Mr Ashok Puri

25–50% shares

Kenyan · Dubai · Age 71

7, Redbridge Lane East, Ilford, IG4 5ET

Notified 06/04/2017

Mrs Manju Puri

25–50% shares

Indian · United Arab Emirates · Age 67

7, Redbridge Lane East, Ilford, IG4 5ET

Notified 06/04/2017

Former PSCs

Mna Resources (Fzc)

Ceased 06/04/2017

CompanyRankvs 1525+ SIC 70100 peers
71

Financial strength89th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/03/2024

Turnover

£20.3M

Annual revenue

Net Worth

£3.0M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Profit Before Tax

£3.3M

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£6.7M

Current Liabilities

£3.8M

Fixed Assets

£1.4M

Debtors

£4.4M

Cost of Sales

£14.4M

Gross Profit

£6.0M

Admin Expenses

£2.6M

Operating Profit

£3.3M

Profit After Tax

£2.4M

92avg. employees+90

Tax at Year End

Corp tax£1.0M
Dividends paid£861k

Director Loans

Company owes directors£1.2M

People Costs

Wages & salaries£2.7M
NI contributions£72k

Balance Sheet

Intangible assets£1.0M
Assets less current liabilities£4.3M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20241.75

Derived from filed accounts. Not audited figures.