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Meslec Ltd

09849374

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT A6 UNIT A6, LONDON, NW2 7HJ
Incorporated 30/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects
43120
Site preparation
43999
Specialised construction activities

Officers

Mr Patrick Christopher Mchugh

director · Since 22/04/2016

GENERAL MANAGER

BRITISH · ENGLAND · Age 70

Mr Michael Mchugh

director · Since 11/01/2018

MANAGER

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Patrick Christopher Mchugh

75–100% shares

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

Charge
outstanding

FINBIZ FUNDING LIMITED

Created 20/06/2025Registered 24/06/2025
Charge
outstanding

MORLEY CAPITAL LTD TRADING AS SIMPLY FUNDED

Created 13/02/2025Registered 14/02/2025
Charge
satisfied

FINBIZ FUNDING LIMITED

Created 02/12/2024Registered 04/12/2024Satisfied 09/06/2025
Charge
outstanding

HSBC UK BANK PLC

Created 24/12/2018Registered 27/12/2018

CompanyRankvs 2524+ SIC 42990 peers
67

Financial strength88th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2524Meslec Ltd
72
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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.

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

5avg. employees-2

Balance Sheet

Bank loans & overdrafts£78k
Assets less current liabilities£787k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.63+£47k
20231.79+£73k
20222.32+£6k
20211.93+£85k
20201.29+£122k
20191.15—

Derived from filed accounts. Not audited figures.