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Mpower Technical College Ltd

08765656

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

114 - 116 BROOKER ROAD, WALTHAM ABBEY, EN9 1JH
Incorporated 07/11/2013

Compliance

Last accounts

30/11/2023

micro entity

Next accounts due

29/08/2025

Overdue

Confirmation statement

Last: 07/11/2024

Due 21/11/2025

Overdue

Industry

74990
Non-trading company

Officers

Mr Michael Jon Palmer

director · Since 07/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 11 other boards

Persons with Significant Control

Mr Michael Jon Palmer

75–100% shares

British · England · Age 67

114 - 116, Brooker Road, Waltham Abbey, EN9 1JH

Notified 07/11/2016

CompanyRankvs 4373+ SIC 74990 peers
62

Financial strength6th percentile among SIC peers · 2/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 15.74× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/11/2023

Net Worth

-£471

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£52k

Current Liabilities

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£49k
Signed by 08765656 2022-12-01 2023-11-30 08765656 2023-11-30 08765656 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202315.74
202215.74
202115.74
202018.02-£541
2019-£5k
20180.02

Derived from filed accounts. Not audited figures.