Megaelec Ltd
15745810
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 27/05/2025
Due 10/06/2026
Industry
Officers
Persons with Significant Control
Janis Tutans
Latvian · Latvia · Age 57
125, Vine Street, Manchester, M18 8SR
Notified 28/05/2024
CompanyRankvs 2699+ SIC 46510 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
-£37k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£37k
Working capital
Current Assets
£100
Current Liabilities
£37k
Fixed Assets
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | +£0 |
| 2025 | 0.00 | — |
Derived from filed accounts. Not audited figures.