£243k
+101%vs Dec 2024ActiveSC165315Private limited companyCambuslang, Glasgow
MARTEC ENGINEERING GROUP LIMITED
B73/10001
Summary
MARTEC ENGINEERING GROUP LIMITED is an active private limited company (company number SC165315) incorporated on 1 May 1996, registered in Cambuslang, Glasgow. Its registered activity is manufacture of basic iron and steel and of ferro-alloys (SIC 24100). Latest small accounts cover the period ending 31 December 2025, showing net assets of £243k and cash of £0, with 46 employees on average. Net assets rose 101% on the prior period (£121k). Across the last 3 periods on record the net-asset trend is volatile.
Peer position · net assets
By net assets it sits in the top quarter of 504 comparable companies in the UK (median £10k, upper quartile £181k).
02
Key dates
- Incorporated
- 1 May 199630 yrs ago
- Next accounts due
- 30 September 2027in 343 days
- Confirmation statement due
- 15 May 2027in 205 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 24100
- Manufacture of basic iron and steel and of ferro-alloys
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£0
−100%vs Dec 2024Not reported
46
−6%vs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £243k | £0 | £1.25m | £2.03m | — | — | 46 |
| 31 December 2024 | £121k | £1,809 | £1.53m | £2.15m | — | — | 49 |
| 31 December 2023 | £887k | £1,479 | £2.33m | £2.21m | — | — | 76 |
Current ratio0.87Current liabilities exceed current assets
Cash per employee£0Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
73 / 100 · grade B
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £243,177 at 2025-12-31 |
| +8 | Net assets growing+101.2% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.87 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 1996-05-01 (30 years) |
| 73 | Score, grade B |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Martec Engineering Holdings Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
- holds 75–100% of voting rights
- can appoint or remove directors
- has significant influence or control
- Mr Martin Mchugh
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 343 days
- Confirmation statement duein 205 days
- Accounts period endNet assets £243k · small accounts
- Accounts period endNet assets £121k · small accounts
- Accounts period endNet assets £887k · small accounts
- Incorporated
08
Similar companies in Glasgow
- KELVIN STEELS LIMITEDinc. Mar 2000
- GEORGE TAYLOR & CO (HAMILTON) LIMITEDLanarkshire · inc. Jul 2001
- W M SERVICES (SCOTLAND) LTD.inc. May 2003
- FILSHIE FABRICATIONS LTD.Dumbarton · inc. Feb 2009
- LINELL INTERNATIONAL FORGED ALLOYS LTDJohnstone · inc. Oct 2012
- MCMILLAN ENGINEERING LTD.Glasgow · inc. Mar 2016
All companies incorporated on 1 May 1996 · in May 1996.
09
Reminders for MARTEC ENGINEERING GROUP LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.