Majas Switchgear Limited
10035098
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2016
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 6 other boards
Persons with Significant Control
Mr Marc Alexander Shaw
British · England · Age 60
Unit 5, Wilcock Road, Old Boston Trading Estate, St. Helens, WA11 9SR
Notified 06/04/2016
Charges2 outstanding
BUSINESS & ENTERPRISE FINANCE LTD · NPIF YHTV MICROFINANCE LP
POSITIVE CASHFLOW FINANCE LTD
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
ALFANDARI PRIVATE EQUITIES LIMITED
CompanyRankvs 16957+ SIC 71129 peers36
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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 31/12/2024
Net Worth
-£183k
Balance sheet strength
Cash
£296k
Cash in the bank
Net Current Assets
-£164k
Working capital
Current Assets
£1.3M
Current Liabilities
£1.5M
Fixed Assets
£120k
Debtors
£883k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.89 | +£115k |
| 2023 | 0.82 | -£395k |
| 2022 | 1.04 | +£12k |
| 2021 | 1.07 | -£25k |
| 2020 | 1.09 | +£58k |
| 2019 | 1.04 | — |
Derived from filed accounts. Not audited figures.