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Mega Photonic Ltd

09609933

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

63 KINGSWAY, MANCHESTER, M19 2LL
Incorporated 27/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Asif Zubair Bhatti

director · Since 27/05/2015

IT CONSULTANT

FINNISH · ENGLAND · Age 49

Also on 3 other boards

Mr Irfan Ashraf

director · Since 20/06/2018

DIRECTOR

PAKISTANI · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Irfan Ashraf

Significant control

British · England · Age 44

63, Kingsway, Manchester, M19 2LL

Notified 31/08/2024

Mr Asif Zubair Bhatti

Significant control

British · England · Age 49

63, Kingsway, Manchester, M19 2LL

Notified 31/08/2024

Former PSCs

Mr Asif Zubair Bhatti

Ceased 27/05/2024

Ms Sara Kiran

Ceased 27/05/2024

CompanyRankvs 2759+ SIC 46520 peers
43

Financial strength5th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.5× · 6/20
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 strength1/25 pts

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

Employees10/15 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.

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 31/05/2025

Net Worth

-£39k

Balance sheet strength

Cash

£957

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£40k

Current Liabilities

£80k

Fixed Assets

£710

Debtors

£39k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.50+£0
20250.50-£15k
20240.67+£2k
20230.62-£36k
20221.20+£8k
20211.01+£13k
20200.74-£38k
20190.71+£22k
20181.07

Derived from filed accounts. Not audited figures.