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Mtk Life Ltd

11722385

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

505 Piner Road, Harrow, HA2 6EH
Incorporated 11/12/2018

Previously known as

Clever Tec Ltd · until 30/04/2020
You Tec Ltd · until 13/03/2019

Compliance

Last accounts

31/12/2024

medium

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 13/08/2025

Due 27/08/2026

On track

Industry

46460
Wholesale of pharmaceutical goods
96090
Other personal service activities

Officers

Jignesh Pau

director · Since 11/12/2018

British · United Kingdom · Age 51

Vimal Vrajlal Pau

director · Since 11/12/2018

British · England · Age 53

Persons with Significant Control

Santok (Uk) Ltd

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

Santok House Unit L, Braintree Industrial Estate, South Ruislip, HA4 0EJ

Reg: 11705550 · Companies House · Corporate

Notified 03/01/2020

Former PSCs

Mr Jignesh Pau

Ceased 03/01/2020

Mr Vimal Vrajlal Pau

Ceased 03/01/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 15/06/2023Registered 16/06/2023

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1505 Piner Road
2026-06-04

SANTOK HOUSE UNIT L, BRAINTREE INDUSTRIAL ESTATE

post townHarrow
2026-06-04

SOUTH RUISLIP

postcodeHA2 6EH
2026-06-04

HA4 0EJ

officer appointedPAU, Jignesh
2026-06-04
officer appointedPAU, Vimal Vrajlal
2026-06-04

CompanyRankvs 920+ SIC 46460 peers
40

Financial strength87th percentile among SIC peers · 22/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that the Company's exposure to price risk, credit risk, liquidity risk and cash flow risk is not material and does not present a significant threat to the Company's ability to continue as a going concern. The company's financial risk management objective and policies are included in the strategic report. Page 5 MTK LIFE LTD (REGISTERED NUMBER: 11722385) REPORT OF THE DIRECTORS FOR THE YE

Key FinancialsYear ending 31/12/2024

Turnover

£478k

Annual revenue

Net Worth

£596k

Balance sheet strength

Cash

£41k

Cash in the bank

Profit Before Tax

£31k

Bottom line earnings

Net Current Assets

£593k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.3M

Fixed Assets

£5k

Debtors

£1.7M

Cost of Sales

£172k

Gross Profit

£306k

Admin Expenses

£275k

Profit After Tax

£22k

0avg. employees-2

Tax at Year End

Corp tax£8k

Balance Sheet

Assets less current liabilities£598k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.47
20231.53
20221.54
20211.38
20201.47

Derived from filed accounts. Not audited figures.