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Model Eng Limited

14405908

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 08/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities

Officers

Mr. Man Fai Li

director · Since 08/10/2022

MECHANICAL ENGINEER, FULL STACK DEVELOPE

HONG KONGER · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr. Man Fai Li

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

Hong Konger · United Kingdom · Age 47

124, City Road, London, EC1V 2NX

Notified 08/10/2022

CompanyRankvs 3338+ SIC 71121 peers
58

Financial strength66th percentile among SIC peers · 17/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 37.27× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees2/15 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.

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.

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

Key FinancialsYear ending 31/10/2024

Turnover

£0

Annual revenue

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£17k

Current Liabilities

£460

Fixed Assets

£89

Profit After Tax

-£512

0avg. employees

Balance Sheet

Depreciation£44
Assets less current liabilities£17k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202437.27-£672
20233.87

Derived from filed accounts. Not audited figures.