Tech Machinery Ltd
11459584
Notable Risks
- Accounts filing overdue (-15)
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2020
micro entity
Next accounts due
30/04/2022
Confirmation statement
Last: 10/07/2020
Due 24/07/2021
Industry
Officers
Persons with Significant Control
Mr Mohammed Ashfaq
British · United Kingdom · Age 59
86c, Water Street, Birmingham, B3 1HL
Notified 11/07/2018
Change History
Active - Proposal to Strike off
Private Limited Company
86C WATER STREET
BIRMINGHAM
CompanyRankvs 4091+ SIC 46690 peers29
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2020
Net Worth
£596
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1k
Working capital
Current Assets
£198k
Current Liabilities
£200k
Fixed Assets
£737
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 0.99 |
| 2019 | 0.99 |
Derived from filed accounts. Not audited figures.