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Miracle Communications Limited

01736305

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7 PINEHURST, STANMORE, HA7 3LG
Incorporated 04/07/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59131
Motion picture distribution activities

Officers

Mr Martin David Myers

director · Since 16/05/1991

DIRECTOR

ENGLISH · ENGLAND · Age 70

Also on 3 other boards

Persons with Significant Control

Mr Martin David Myers

75–100% shares

English · England · Age 70

27, Whitehouse Avenue, Borehamwood, WD6 1HA

Notified 16/05/2016

CompanyRankvs 475+ SIC 59131 peers
52

Financial strength15th percentile among SIC peers · 4/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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 31/12/2024

Net Worth

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£388k

Current Liabilities

£403k

Fixed Assets

£1k

2avg. employees

Balance Sheet

Assets less current liabilities-£14k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96-£50k
20231.08+£30k
20220.41-£19k
20210.67-£6k
20200.61-£8k
20190.57+£19k
20180.83

Derived from filed accounts. Not audited figures.