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Me Project Payroll Solutions Limited

13551679

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)
  • 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 28/01/2022Satisfied 25/07/2024
Charge
outstanding

HSBC UK BANK PLC

Created 10/12/2021Registered 13/12/2021

CompanyRankvs 11951+ SIC 71122 peers
39

Financial strength15th percentile among SIC peers · 4/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2024

Net Worth

£1

Balance sheet strength

Cash

£132

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£198k

Current Liabilities

£150k

Debtors

£198k

3avg. employees

Tax at Year End

Corp tax£18k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.32
20230.94
20210.61

Derived from filed accounts. Not audited figures.