Mitec Solutions Ltd
11688783
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/11/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 2 other boards
director · Since 21/11/2018
CONSULTANT
BRITISH · ENGLAND · Age 61
Also on 1 other board
Persons with Significant Control
Mr Stephen Thomas Adair
British · England · Age 61
10, Queens Head Close, Tewkesbury, GL20 8FJ
Notified 21/11/2018
Mrs Helen Ann Adair
British · England · Age 58
10, Queens Head Close, Tewkesbury, GL20 8FJ
Notified 21/11/2018
CompanyRankvs 2066+ SIC 71122 peers76
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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 30/11/2024
Net Worth
£97k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£144k
Working capital
Current Assets
£225k
Current Liabilities
£81k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.79 | -£82k |
| 2023 | 2.94 | +£76k |
| 2022 | 2.11 | +£35k |
| 2021 | 1.67 | — |
Derived from filed accounts. Not audited figures.