Michael Davies And Associates Limited
02165614
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/06/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 3 other boards
director · Since 01/11/2022
ACCOUNTANT
BRITISH · ENGLAND · Age 53
Also on 3 other boards
director · Since 28/05/2025
DIRECTOR
BELGIAN · BELGIU · Age 50
Persons with Significant Control
Bpost Sa
Muntcentrum-Centre, Monnaie, Brussels
Reg: 0214596464 · Crossroads Bank For Enterprises · Public Limited Company
Notified 01/08/2024
Former PSCs
Greenham Trading Limited
Ceased 07/06/2018
Staci Sas
Ceased 16/12/2019
Staci
Ceased 07/06/2018
Charges0 outstanding
NATIXIS
NATIONAL WESTMINSTER BANK PLC
CRÉDIT INDUSTRIEL ET COMMERCIAL AS SECURITY AGENT
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CLOSE BROTHERS LIMITED
CompanyRankvs 261+ SIC 52103 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£23.9M
Balance sheet strength
Cash
£12.1M
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
£11.2M
Working capital
Current Assets
£27.0M
Current Liabilities
£15.8M
Fixed Assets
£15.3M
Debtors
£14.9M
Cost of Sales
£28.9M
Admin Expenses
£25.9M
Profit After Tax
-£174k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.71 | -£1.2M |
| 2023 | 1.55 | -£10.5M |
| 2022 | 1.99 | +£572k |
| 2021 | 1.89 | -£679k |
| 2020 | 1.79 | — |
Derived from filed accounts. Not audited figures.