Back to search

Mep Engineering And Expert Consultant Ltd

12040726

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

12 GREENFIELD ROAD, PAIGNTON, TQ3 1DB
Incorporated 10/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Thomas Bishop

director · Since 10/06/2019

CONSULTANT

BRITISH · UNITED KINGDOM · Age 68

Persons with Significant Control

Mr Thomas Bishop

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

British · United Kingdom · Age 68

12, Greenfield Road, Paignton, TQ3 1DB

Notified 10/06/2019

CompanyRankvs 7180+ SIC 71122 peers
64

Financial strength83th percentile among SIC peers · 21/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 pts

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

Liquidity16/20 pts

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

Longevity7/15 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 29/06/2024

Net Worth

£63k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£60k

Working capital

Current Assets

£140k

Current Liabilities

£81k

Fixed Assets

£12k

1avg. employees

Balance Sheet

Assets less current liabilities£72k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.74+£10k
20231.87

Derived from filed accounts. Not audited figures.