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Mipco Limited

02367353

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CUNNINGHAM HOUSE, HARROW, HA3 9ED
Incorporated 31/03/1989

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/09/2025

Due 29/09/2026

On track

Industry

64929
64929

Officers

Mrs Piyusha Milan Virani

secretary · Since 18/09/1991

BRITISH · ENGLAND · Age 61

Also on 7 other boards

Mr Milan Anil Virani

director · Since 18/09/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mrs Piyusha Milan Virani

director · Since 18/09/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 7 other boards

Miss Mallaika Milan Virani

director · Since 09/05/2018

STUDENT

BRITISH · UNITED KINGDOM · Age 27

Mr Rishi Milan Virani

director · Since 04/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 23

Persons with Significant Control

Mr Milan Anil Virani

25–50% shares

British · England · Age 67

Cunningham House, 19-21 Westfield Lane, Harrow, HA3 9ED

Notified 06/04/2016

Mrs Piyusha Milan Virani

25–50% shares

British · England · Age 61

Cunningham House, 19-21 Westfield Lane, Harrow, HA3 9ED

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 26/11/2018Registered 28/11/2018

CompanyRankvs 190+ SIC 64929 peers
64

Financial strength86th percentile among SIC peers · 22/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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190Mipco Limited
74
How is this score calculated?
Financial strength22/25 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.

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 31/03/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£828k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.2M

Current Liabilities

£514k

Fixed Assets

£76k

Debtors

£1.4M

0avg. employees-3

Tax at Year End(2024)

Corp tax£68k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.28+£113k
20245.54+£103k
20234.29—

Derived from filed accounts. Not audited figures.