Meslec Ltd
09849374
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
30/04/2026
Confirmation statement
Last: 26/02/2025
Due 12/03/2026
Industry
Officers
Persons with Significant Control
Mr Patrick Christopher Mchugh
British · England · Age 70
16, Beethoven Road, Borehamwood, WD6 3DP
Notified 20/02/2018
Former PSCs
Mr Mark Reid
Ceased 20/02/2018
Charges3 outstanding
FINBIZ FUNDING LIMITED
MORLEY CAPITAL LTD TRADING AS SIMPLY FUNDED
FINBIZ FUNDING LIMITED
HSBC UK BANK PLC
CompanyRankvs 2484+ SIC 42990 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
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
£455k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£398k
Working capital
Current Assets
£1.0M
Current Liabilities
£633k
Fixed Assets
£389k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.63 | +£47k |
| 2023 | 1.79 | — |
Derived from filed accounts. Not audited figures.