MTIX LTD
Company number 07622985 · Monitor this company
The confirmation statement for this company is overdue.
Executive summary
MTIX Ltd is technically insolvent with net liabilities of £12.5 million, cash of just £533, and over a decade of uninterrupted losses. The company is entirely dependent on its US parent and related group companies for working capital, with the accounts explicitly stating this dependency as the basis for preparing financial statements on a going concern basis. The company status showing as "Liquidation" on the register, combined with the contingent guarantee of parent company obligations, makes this a definitive decline for any conventional credit facility.
Shareholders' funds
-£12,516,897
Balance sheet as at 2024-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2011-05-05
- Employees
- 10 (2024 accounts)
- Registered office
- 35 Westgate, Huddersfield, England, HD1 1PA
- Postcode
- HD1 1PA
- Capital
- 198 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-11-30
- Next due by
- 2026-08-29
- Financial year end
- 29 November
Confirmation statement
- Last statement dated
- 2025-07-19
- Next due by
- 2026-08-02 Overdue
Nature of business (SIC)
- 13300 Finishing of textiles
Officers 1 current · 5 resigned
Group structure
Controlled by Avalanche International Corp (38-3841757) — since 2017-06-29
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| BANKFIELD MILLS WAKEFIELD ROAD, MOLDGREEN, HUDDERSFIELD, HD5 9BB | 2017-07-17 |
| BRIDGE COTTAGE EASTGATE, HONLEY, WEST YORKSHIRE, HD9 6PA, UNITED KINGDOM | 2013-11-13 |
Competitors Huddersfield
This company ranks 10 among finishing of textiles in Huddersfield.
The class of 2011
20%
of the 450,455 companies incorporated in 2011 are still active today; 78% have since been dissolved.
A fact about the year, not a forecast for this company.