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Mda Tech Limited

12219607

active
Private Limited Company
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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 21/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62011
Ready-made interactive leisure and entertainment software development
62012
Business and domestic software development

Officers

Mr Michael David Andrews

director · Since 21/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Michael David Andrews

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

British · England · Age 42

109, Hangleton Road, Hove, BN3 7SF

Notified 21/09/2019

CompanyRankvs 815+ SIC 58290 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.51× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 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.

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 31/08/2024

Net Worth

£49k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£78k

Current Liabilities

£31k

Fixed Assets

£2k

Debtors

£56k

2avg. employees

Tax at Year End

Corp tax£31k

Director Loans

Directors owe company£56k

Balance Sheet

Assets less current liabilities£49k
Signed by Mr Michael Andrews 20/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.51+£37k
20231.27
20220.94
20210.89
20200.86

Derived from filed accounts. Not audited figures.