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Mechnet Cabling Solutions Ltd

10611387

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

58 CATHEDRAL ROAD, OLDHAM, OL9 0RP
Incorporated 09/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
61100
Wired telecommunications activities

Officers

Mr Simon Alexander Brice Thomas

director · Since 09/02/2017

TELECOMMUNICATIONS

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Simon Alexander Brice Thomas

75–100% shares
75–100% votes
Appoint directors

British · England · Age 46

58, Cathedral Road, Oldham, OL9 0RP

Notified 09/02/2017

CompanyRankvs 25539+ SIC 43210 peers
51

Financial strength66th percentile among SIC peers · 17/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 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.

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 28/02/2025

Turnover

£2k

Annual revenue

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£99

Working capital

Current Assets

£1k

Current Liabilities

£1k

Fixed Assets

£20k

Profit After Tax

-£3k

1avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£20k
Signed by 1.3.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91-£1k
20242.13+£5k
20230.20

Derived from filed accounts. Not audited figures.