Second City Investments Ltd.
02990338
Some Concerns
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 15/12/2025
Due 29/12/2026
Industry
Officers
secretary · Since 14/07/2021
Former
director · Resigned 29/04/2021
director · Resigned 02/12/2021
director · Resigned 01/12/2025
Persons with Significant Control
Michael Bailey
British · England · Age 73
72, Dunstall Road, Halesowen, B63 1BE
Notified 06/04/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
72, DUNSTALL ROAD
HALESOWEN
CompanyRankvs 64161+ SIC 99999 peers21
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
-£20k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£48k
Working capital
Current Assets
—
Current Liabilities
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£150 |
| 2024 | — | -£265 |
| 2023 | 0.97 | — |
Derived from filed accounts. Not audited figures.