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Mectronic Holding Limited

14126664

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O AZETS BULMAN HOUSE, REGENT CENTRE, NEWCASTLE UPON TYNE, NE3 3LS
Incorporated 24/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Michael Morrison

director · Since 24/05/2022

PRECISION ENGINEER

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mrs Amanda Morrison

director · Since 11/11/2024

NONE

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Michael Morrison

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

British · United Kingdom · Age 46

C/O Azets, Bulman House, Regent Centre, Newcastle Upon Tyne, NE3 3LS

Notified 24/05/2022

Charges1 outstanding

Charge
outstanding

JEFFREY KNOTT · LESLEY KNOTT

Created 16/06/2022Registered 16/06/2022

CompanyRankvs 38309+ SIC 64209 peers
27

Financial strength51th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 31/05/2025

Net Worth

£352

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£916k

Working capital

Current Assets

£6k

Current Liabilities

£922k

Debtors

£5k

0avg. employees-1

Tax at Year End

Corp tax£82

Balance Sheet

Assets less current liabilities£514k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01
2024+£4k

Derived from filed accounts. Not audited figures.