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Mty Associates Limited

13098267

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

2B KIMBERS DRIVE, SLOUGH, SL1 8JE
Incorporated 23/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Michael Young

secretary · Since 23/12/2020

Also on 1 other board

Mr Michael Young

director · Since 23/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mrs Suzanne Young

director · Since 23/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Michael Young

25–50% shares
25–50% votes

British · England · Age 65

2b, Kimbers Drive, Slough, SL1 8JE

Notified 23/12/2020

CompanyRankvs 24523+ SIC 62020 peers
68

Financial strength67th percentile among SIC peers · 17/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.01× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

Longevity5/15 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 31/12/2024

Net Worth

£19k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£19k

Current Liabilities

£5k

Fixed Assets

£5k

Debtors

£984

2avg. employees

Tax at Year End

Corp tax£19k

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities£19k
Signed by Mr Michael Young 06/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.01-£2k
20231.14-£31k£144k
20221.38-£20k£144k
20211.43£486k

Derived from filed accounts. Not audited figures.