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Mtek Developments Limited

10722525

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

LILAC COTTAGE, RUGELEY, WS15 4PU
Incorporated 12/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Nicholas Lomax

director · Since 12/10/2022

TOOLMAKER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Nicholas Lomax

25–50% shares

British · England · Age 58

Lilac Cottage, Church Hill, Rugeley, WS15 4PU

Notified 12/10/2022

Former PSCs

Ms Angela Whale

Ceased 12/10/2022

Mr Ian Andrew Rea

Ceased 01/09/2025

CompanyRankvs 4306+ SIC 32990 peers
69

Financial strength66th percentile among SIC peers · 17/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.23× · 20/20
Longevity9 years trading (max 15) · 9/15
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.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

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

Longevity9/15 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 30/04/2025

Net Worth

£66k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£89k

Current Liabilities

£28k

Fixed Assets

£23k

2avg. employees

Balance Sheet

Assets less current liabilities£84k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.23+£25k
20241.81+£29k
20230.70-£3k
20220.61-£21k
20212.49-£5k
20201.86+£11k
20193.48

Derived from filed accounts. Not audited figures.