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Michael Naik And Co. Limited

01882167

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

58 HIGH STREET, PINNER, HA5 5PZ
Incorporated 01/02/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Ms Elizabeth Carmel Finnegan

secretary · Since 30/06/1991

IRISH · ENGLAND · Age 69

Also on 21 other boards

Mr Poorandranath Thumba Naik

director · Since 30/06/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 8 other boards

Ms Elizabeth Carmel Finnegan

director · Since 14/02/1997

OFFICE ADMINISTRATOR

IRISH · ENGLAND · Age 69

Also on 21 other boards

Persons with Significant Control

Mr Poorandranath Thumba Naik

25–50% shares

British · England · Age 76

58, High Street, Pinner, HA5 5PZ

Notified 06/04/2016

Ms Elizabeth Carmel Finnegan

25–50% shares

Irish · England · Age 69

58, High Street, Pinner, HA5 5PZ

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/05/2023Registered 16/05/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/05/2017Registered 22/05/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/04/2017Registered 05/05/2017
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 23/06/2008Registered 25/06/2008Satisfied 19/05/2017
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 23/04/2004Registered 06/05/2004Satisfied 19/05/2017
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 23/04/2004Registered 28/04/2004Satisfied 19/05/2017
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 18/11/1998Registered 28/11/1998Satisfied 12/08/2008
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 04/11/1997Registered 06/11/1997Satisfied 02/07/2004
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 05/09/1997Registered 19/09/1997Satisfied 02/07/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/09/1988Registered 05/10/1988
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/03/1985Registered 29/03/1985

CompanyRankvs 1295+ SIC 82990 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.76× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1295Michael Naik And Co. Limited
88
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£1.6M

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£542k

Working capital

Current Assets

£850k

Current Liabilities

£308k

Fixed Assets

£1.6M

Debtors

£772k

6avg. employees+1

Tax at Year End

Corp tax£44k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.76+£127k
20232.29+£105k
20221.63+£68k
20211.50+£37k
20201.55+£34k
20191.58+£22k
20181.78-£8k
20172.09—

Derived from filed accounts. Not audited figures.