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Micronage Limited

03124060

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

MYNSHULL HOUSE, STOCKPORT, SK1 1YJ
Incorporated 09/11/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Sassan Baghai

director · Since 11/11/1995

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mr Sassan Baghai

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

British · England · Age 59

25, Buckingham Drive, Knutsford, WA16 8LH

Notified 30/06/2016

CompanyRankvs 31341+ SIC 62012 peers
43

Financial strength1th percentile among SIC peers · 0/25
Employees88th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 pts

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

Employees13/15 pts

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

Liquidity0/20 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 31/03/2025

Net Worth

-£1.4M

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

-£170k

Working capital

Current Assets

Current Liabilities

£209k

Fixed Assets

£616

4avg. employees+3

Tax at Year End

Corp tax£16k

Balance Sheet

Assets less current liabilities-£169k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£58k
2024+£88k
20230.08+£101k
20220.00-£807
20210.00-£182
20200.00-£3.3M
20190.23

Derived from filed accounts. Not audited figures.