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Mikrospin Limited

01980816

active
Private Limited Company
england wales
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

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/03/2026

Due 23/03/2027

On track

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 63

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 63

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

CompanyRankvs 55+ 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
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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

Derived from filed accounts. Not audited figures.