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Michael Bailey Associates Limited

02289699

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

12 BROOK HOUSE, RIVINGTON STREET, EC2A 3SJ
Incorporated 25/08/1988

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Michael Lee Garlick

director · Since 01/03/2001

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 15 other boards

Mr Sanjeev Singh Bahra

secretary · Since 03/10/2013

Persons with Significant Control

Mba Michael Bailey Associates Plc

75–100% shares
75–100% votes
Appoint directors

12, Brook House, Chapel Place, London, EC2A 3SJ

Reg: 03710803 · Companies House · Public Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 14/05/2008Registered 22/05/2008Satisfied 12/09/2024
charge
satisfied

ABN AMRO BANK N.V.

Created 19/03/2003Registered 08/04/2003Satisfied 03/07/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/10/1995Registered 05/10/1995Satisfied 31/05/2008

CompanyRankvs 52468+ SIC 62020 peers
53

Financial strength37th percentile among SIC peers · 9/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 pts

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

Liquidity12/20 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.

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

£150

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£5.1M

Current Liabilities

£3.6M

Debtors

£5.0M

0avg. employees

Tax at Year End

Corp tax£572k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40
20231.28
20221.05
20211.59+£223k
20201.48+£611k
20191.30+£1.8M
20171.21

Derived from filed accounts. Not audited figures.