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Mikrospin Limited

01980816

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

MIKROSPIN HOUSE, LITTLEBOROUGH, OL15 8JP
Incorporated 21/01/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28131
Manufacture of pumps
46180
Agents specialised in the sale of other particular products

Officers

Brian Leslie Hughes

secretary · Since 09/03/1992

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Adrian Griffin

director · Since 09/03/1992

SALES DIRECTOR

BRITISH · ENGLAND · Age 62

Brian Leslie Hughes

director · Since 09/03/1992

COMPANY ACCOUNTANT/SECRETARY

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Persons with Significant Control

Adrian Griffin

25–50% shares
25–50% votes

British · England · Age 62

Mikrospin House, Littleborough, OL15 8JP

Notified 06/04/2016

Brian Leslie Hughes

25–50% shares
25–50% votes

British · England · Age 69

Mikrospin House, Littleborough, OL15 8JP

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY

Created 29/05/2020Registered 09/06/2020
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/05/1994Registered 27/05/1994
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/10/1990Registered 30/10/1990
charge
satisfied

LLOYDS BANK PLC

Created 20/04/1988Registered 03/05/1988Satisfied 25/03/1991
charge
satisfied

LLOYDS BANK PLC

Created 23/02/1988Registered 26/02/1988Satisfied 21/09/1991
charge
satisfied

LLOYDS BANK PLC

Created 28/05/1986Registered 02/06/1986Satisfied 21/09/1991

CompanyRankvs 57+ SIC 28131 peers
68

Financial strength66th percentile among SIC peers · 17/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Wheelabrator Group Limited
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2Nov Process & Flow Technologies Uk Limited
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3Hmd Seal/Less Pumps Limited
90
4Charles Austen Pumps Limited
90
5Hystat Systems Limited
89
6T-T Pumps Limited
89
7Allam Power Limited
89
8Itt Industries Limited
88
9Direct Air & Pipework Limited
88
10Amarinth Limited
88
57Mikrospin Limited
78
How is this score calculated?
Financial strength17/25 pts

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

Employees11/15 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

£379k

Balance sheet strength

Cash

£201k

Cash in the bank

Net Current Assets

£349k

Working capital

Current Assets

£523k

Current Liabilities

£174k

Fixed Assets

£34k

Debtors

£136k

8avg. employees-1

Tax at Year End

Corp tax£57k

Balance Sheet

Assets less current liabilities£383k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.00+£45k
20232.30+£93k
20221.91-£1k
20212.42+£41k
20201.95+£46k
20191.63+£35k
20181.29—

Derived from filed accounts. Not audited figures.