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Machining Technologies Ltd

11466493

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

4 CLIPPER ROAD, LEICESTER, LE4 9JE
Incorporated 16/07/2018

Compliance

Last accounts

31/07/2023

micro entity

Next accounts due

31/07/2025

Overdue

Confirmation statement

Last: 20/08/2025

Due 03/09/2026

On track

Industry

28930
Manufacture of machinery for food, beverage and tobacco processing

Officers

Mr Yassir Hanif

director · Since 01/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 24

Persons with Significant Control

Mr Yassir Hanif

75–100% shares
75–100% votes

British · England · Age 24

4, Clipper Road, Leicester, LE4 9JE

Notified 01/08/2024

Former PSCs

Mr Ozkan Ozbuluter

Ceased 13/06/2023

Mr Shahid Hanif

Ceased 01/08/2024

CompanyRankvs 142+ SIC 28930 peers
62

Financial strength48th percentile among SIC peers · 12/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees7/15 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.

Longevity8/15 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 31/07/2023

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£77k

Current Liabilities

£26k

Fixed Assets

£2k

2avg. employees+1

Balance Sheet

Assets less current liabilities£54k
Signed by Mr Shahid Hanif 27/03/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20233.02+£896
20223.29-£9k
20214.59+£11k
20205.55+£15k
20190.79

Derived from filed accounts. Not audited figures.