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Mechanical Electrical Gas Assured Systems Ltd

13974900

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

25 COLENUTTS ROAD, RYDE, PO33 3HT
Incorporated 14/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Nicholas Pike

director · Since 14/03/2022

ENGINEER

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Nicholas Pike

75–100% shares
75–100% votes

British · England · Age 65

25, Colenutts Road, Ryde, PO33 3HT

Notified 14/03/2022

CompanyRankvs 6034+ SIC 71129 peers
67

Financial strength91th percentile among SIC peers · 23/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 52.18× · 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 strength23/25 pts

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

Employees4/15 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 31/03/2025

Net Worth

£241k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£123k

Working capital

Current Assets

£125k

Current Liabilities

£2k

Fixed Assets

£119k

Debtors

£51k

1avg. employees

Tax at Year End

Corp tax£703
VAT£4k

Director Loans

Company owes directors£226

Balance Sheet

Assets less current liabilities£241k
Signed by Mr Nicholas Pike 09/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202552.18-£83k£81k
20246.10+£52k£81k
20234.85£8k

Derived from filed accounts. Not audited figures.