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Mind Tec Ltd

08899717

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7 HOYLAKE GARDENS, ESSEX, RM3 0RP
Incorporated 18/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Hiran Patel

director · Since 18/02/2014

BUSINESS

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Hiran Patel

75–100% shares
75–100% votes

British · United Kingdom · Age 40

7 Hoylake Gardens, Romford, Essex, RM3 0RP

Notified 06/04/2016

CompanyRankvs 51093+ SIC 74909 peers
36

Financial strength12th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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51093Mind Tec Ltd
32
How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 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.

Longevity12/15 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 28/02/2025

Net Worth

-£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£29k

Current Liabilities

£31k

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr H Patel 26th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91-£972
20240.95-£1k
20230.98—

Derived from filed accounts. Not audited figures.