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Meg Associates Ltd

09145045

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

9 LINDSELL GREEN, BASILDON, SS14 1SJ
Incorporated 24/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Munasi Ellen Goredema

secretary · Since 24/07/2014

Also on 1 other board

Munasi Ellen Goredema

director · Since 24/07/2014

ELECTRICAL ESTIMATOR/ENGINEER

ZIMBABWEAN · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mrs Munasi Ellen Goredema

75–100% shares

Zimbabwean · United Kingdom · Age 53

9, Lindsell Green, Basildon, SS14 1SJ

Notified 06/04/2016

CompanyRankvs 35879+ SIC 43210 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
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.

Employees3/15 pts

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

Liquidity0/20 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 31/07/2024

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

Current Liabilities

£12k

1avg. employees

Balance Sheet

Assets less current liabilities-£12k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£2k
20230.00

Derived from filed accounts. Not audited figures.