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Microsmiths Limited

01911291

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

9 LINFORD FORUM, MILTON KEYNES, MK14 6LY
Incorporated 07/05/1985

Compliance

Last accounts

30/04/2024

total exemption full

Next accounts due

27/07/2026

On track

Confirmation statement

Last: 13/09/2025

Due 27/09/2026

On track

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores
62090
Other information technology service activities

Officers

Mr Stephen William Parrish

director · Since 31/10/1991

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mr Stephen William Parrish

secretary · Since 03/10/1997

BRITISH · ENGLAND · Age 72

Also on 1 other board

Persons with Significant Control

Mr Stephen William Parrish

75–100% shares

British · England · Age 72

9, Rockingham Drive, Milton Keynes, MK14 6LY

Notified 01/10/2016

Charges2 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 04/11/2009Registered 06/11/2009
charge
satisfied

KELLOCK LIMITED

Created 26/01/1993Registered 27/01/1993Satisfied 18/12/2019
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/11/1991Registered 13/11/1991

CompanyRankvs 879+ SIC 47410 peers
50

Financial strength45th percentile among SIC peers · 11/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees13/15 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.

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 30/04/2024

Net Worth

£122

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£201k

Current Liabilities

£237k

Fixed Assets

£49k

Debtors

£195k

4avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85
20230.84-£2k
20221.04-£8k
20211.17
20200.95
20190.95
20180.92

Derived from filed accounts. Not audited figures.