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Microwave Projects Limited

13403967

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

13 YORKERSGATE, MALTON, YO17 7AA
Incorporated 17/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Rachael Medd

director · Since 11/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Simon Harrison

75–100% shares
75–100% votes

British · United Kingdom · Age 59

13, Yorkersgate, Malton, YO17 7AA

Notified 17/05/2021

Former PSCs

Simon Paul Harrison

Ceased 17/05/2021

CompanyRankvs 3280+ SIC 25990 peers
59

Financial strength73th percentile among SIC peers · 18/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 3.41× · 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 strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees1/15 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 31/10/2024

Net Worth

£301k

Balance sheet strength

Cash

£222k

Cash in the bank

Net Current Assets

£235k

Working capital

Current Assets

£333k

Current Liabilities

£98k

Fixed Assets

£82k

Debtors

£111k

Profit After Tax

£101k

0avg. employees-1

Tax at Year End

Corp tax£78k
Dividends paid£26k

Balance Sheet

Intangible assets£0
Assets less current liabilities£317k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.41+£27k
20234.60

Derived from filed accounts. Not audited figures.