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Me Global Resources Limited

13551673

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

23 CLAREMONT ROAD, WHITLEY BAY, NE26 3TN
Incorporated 06/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Andrew William Mcfarlane

director · Since 06/08/2021

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mr Damien Marie Philippe Chabert D’Hieres De Seguin De Reynies

director · Since 22/01/2025

CFO

FRENCH · ENGLAN · Age 42

Also on 3 other boards

Persons with Significant Control

Mr Andrew William Mcfarlane

Significant control

British · United Kingdom · Age 44

23, Claremont Road, Whitley Bay, NE26 3TN

Notified 06/08/2021

Mactech Energy Group Limited

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

23, Claremont Road, Whitley Bay, NE26 3TN

Reg: 08946927 · Companies House · Limited Company

Notified 06/08/2021

Charges3 outstanding

Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 22/05/2024Registered 23/05/2024
Charge
outstanding

HSBC UK BANK PLC

Created 29/03/2022Registered 30/03/2022
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 28/01/2022Registered 28/01/2022
Charge
outstanding

HSBC UK BANK PLC

Created 12/01/2022Registered 18/01/2022

CompanyRankvs 11178+ SIC 71122 peers
31

Financial strength15th percentile among SIC peers · 4/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 30/06/2024

Net Worth

£1

Balance sheet strength

Cash

£18k

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£635k

Working capital

Current Assets

£2.2M

Current Liabilities

£1.6M

Debtors

£2.2M

Cost of Sales

£12.3M

Admin Expenses

£2.3M

Profit After Tax

£878k

64avg. employees+4

Tax at Year End

Corp tax£298k
Dividends paid£375k

People Costs

Wages & salaries£5.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.40
20231.08
20210.97

Derived from filed accounts. Not audited figures.