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Micar Computer Systems Limited

02426226

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

ABVK M25 BUSINESS CENTRE, WALTHAM ABBEY, EN9 1JH
Incorporated 25/09/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Ian Richard Bibby

director · Since 29/09/2017

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 62

Also on 1 other board

Miss Jasmin Armour

secretary · Since 05/09/2023

Persons with Significant Control

Mr Ian Richard Bibby

75–100% shares
75–100% votes

British · England · Age 62

Abvk, M25 Business Centre, Waltham Abbey, EN9 1JH

Notified 29/09/2017

Former PSCs

Mr Tom Carroll

Ceased 29/09/2017

Charges2 outstanding

charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 12/09/2003Registered 19/09/2003
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/03/2002Registered 09/03/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/05/1993Registered 25/05/1993Satisfied 04/01/2002

CompanyRankvs 20569+ SIC 62012 peers
48

Financial strength81th percentile among SIC peers · 20/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio -171.21× · 2/20
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 strength20/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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

£52k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£38k

Current Liabilities

-£224

Fixed Assets

£15k

1avg. employees

Balance Sheet

Assets less current liabilities£53k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2024171.21-£18k
202332.68-£1k
202219.49-£3k
2021239.46-£8k
202017.16-£9k
201923.56-£2k
201836.17

Derived from filed accounts. Not audited figures.