Megawatt Solutions Ltd
12892073
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Billy Humphries
British · United Kingdom · Age 46
115, High Street, Smethwick, B66 1AA
Notified 21/09/2020
Mr Avtar Singh
Indian · England · Age 59
The Toll House, 115 High Street, Smethwick, B66 1AA
Notified 31/12/2024
Former PSCs
Mr Avtar Singh
Ceased 21/09/2020
CompanyRankvs 10472+ SIC 42990 peers40
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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 31/03/2025
Net Worth
£6k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£5k
Current Liabilities
—
Fixed Assets
£800
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | +£713 |
| 2024 | 0.01 | +£9k |
| 2023 | 0.01 | — |
Derived from filed accounts. Not audited figures.