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Highbury Mechelec Engineering Ltd

12942167

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

73 REGENT STREET, SHANKLIN, PO37 7AE
Incorporated 12/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43290
Other construction installation

Officers

David George Mayes

director · Since 12/10/2020

ENGINEER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

David George Mayes

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

British · England · Age 46

73, Regent Street, Shanklin, PO37 7AE

Notified 12/10/2020

CompanyRankvs 9841+ SIC 43210 peers
68

Financial strength96th percentile among SIC peers · 24/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 5.41× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

Longevity6/15 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 31/10/2025

Net Worth

£532k

Balance sheet strength

Cash

£361k

Cash in the bank

Net Current Assets

£295k

Working capital

Current Assets

£361k

Current Liabilities

£67k

Fixed Assets

£242k

1avg. employees

Tax at Year End

Corp tax£32k
VAT£33k

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities£536k
Signed by Mr David Mayes 13/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.41+£62k£670k
20243.99+£131k£576k
20232.26—£935k

Derived from filed accounts. Not audited figures.