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Mjtech Solutions Limited

09498372

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

31 COTSWOLD WAY, READING, RG31 6SJ
Incorporated 19/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr James Raymond Tallett

secretary · Since 19/03/2015

Also on 1 other board

Mr James Raymond Tallett

director · Since 19/03/2015

IT CONTRACTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mrs Michelle Tallett

director · Since 03/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mrs Michelle Tallett

75–100% shares

British · England · Age 49

31, Cotswold Way, Reading, RG31 6SJ

Notified 03/11/2017

Former PSCs

Mr James Raymond Tallett

Ceased 01/04/2021

CompanyRankvs 56814+ SIC 62020 peers
55

Financial strength30th percentile among SIC peers · 8/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.99× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees5/15 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.

Longevity11/15 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 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£94k

Current Liabilities

£48k

Fixed Assets

£32k

Debtors

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£79k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.99
20245.14
20231.96
20224.80
20215.94
20203.85
20193.69

Derived from filed accounts. Not audited figures.