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Mech Enabling Ltd

14822094

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)
  • Negative net worth (-10)

Details

5 HARESTONES, BILLINGHAM, TS22 5QT
Incorporated 24/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

81100
Combined facilities support activities

Officers

Mr Martyn Russell Jones

director · Since 24/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Martyn Russell Jones

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

British · England · Age 54

5, Harestones, Billingham, TS22 5QT

Notified 24/04/2023

CompanyRankvs 6516+ SIC 81100 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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6516Mech Enabling Ltd
31
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 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.

Longevity3/15 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 31/03/2024

Net Worth

-£127k

Balance sheet strength

Cash

£330

Cash in the bank

Net Current Assets

-£191k

Working capital

Current Assets

£94k

Current Liabilities

£285k

Fixed Assets

£145k

Debtors

£44k

2avg. employees

Balance Sheet

Assets less current liabilities-£46k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.33

Derived from filed accounts. Not audited figures.