Mtec Midlands Ltd
13483035
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/06/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 30
Also on 1 other board
Persons with Significant Control
Mr Ilyas Ahmed Razaq
British · United Kingdom · Age 30
27, Old Gloucester Street, London, WC1N 3AX
Notified 29/06/2021
CompanyRankvs 36086+ SIC 45200 peers29
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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 30/06/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£149
Working capital
Current Assets
£149
Current Liabilities
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.06 | +£0 |
| 2025 | 0.06 | -£384 |
| 2024 | 0.23 | -£384 |
| 2023 | 0.04 | — |
Derived from filed accounts. Not audited figures.