Mte Properties Limited
12500906
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/03/2020
WELDER AND PIPE FITTER
BRITISH · UNITED KINGDOM · Age 57
Also on 1 other board
Persons with Significant Control
Mr Richard Michael Davies
British · United Kingdom · Age 57
Aisling House, Cefn Road, Wrexham, LL11 5YE
Notified 05/03/2020
Charges1 outstanding
MORETUBE ENGINEERING LIMITED
CompanyRankvs 121445+ SIC 68209 peers39
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£36k
Balance sheet strength
Cash
£89k
Cash in the bank
Net Current Assets
-£358k
Working capital
Current Assets
£109k
Current Liabilities
£467k
Fixed Assets
£397k
Debtors
£20k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.23 | — |
| 2023 | 0.23 | — |
| 2023 | 0.16 | +£6k |
| 2022 | 0.99 | — |
| 2021 | 1.00 | — |
Derived from filed accounts. Not audited figures.