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Megwich Ltd

10249315

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

2 RAVENSWOOD CLOSE, COBHAM, KT11 3AQ
Incorporated 24/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Richard Steele

secretary · Since 24/06/2016

Mr. Richard Lewis Steele

director · Since 24/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 10 other boards

Persons with Significant Control

Mr. Richard Lewis Steele

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm

British · England · Age 58

2 Ravenswood Close, Cobham, KT11 3AQ

Notified 24/06/2016

CompanyRankvs 94141+ SIC 62020 peers
34

Financial strength7th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.45× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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94141Megwich Ltd
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How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/12/2024

Net Worth

-£12k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£11k

Current Liabilities

£24k

Fixed Assets

£1k

Debtors

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£12k
Signed by Mr. Richard Lewis Steele 16/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.45+£478
20230.42-£17k
20221.24+£18k
20210.79+£11k
20200.08+£6k
20190.05—

Derived from filed accounts. Not audited figures.