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Mihomecare Limited

03203080

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

CARDINAL HOUSE, NOTTINGHAM, NG7 2SZ
Incorporated 23/05/1996

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 23/05/2026

Due 06/06/2027

On track

Industry

86900
Other human health activities

Officers

Mr Kristian Brian Lee

director · Since 28/02/2025

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 52

Also on 78 other boards

Persons with Significant Control

City And County Healthcare Group Limited

75–100% shares
75–100% votes

Cardinal House, Abbeyfield Road, Nottingham, NG7 2SZ

Reg: 06991398 · Register Of Companies · Private Limited Company

Notified 05/01/2021

Former PSCs

Cheif Financial Officer Julianne Baker

Ceased 17/10/2017

Enara Finance Limited

Ceased 05/01/2022

Charges2 outstanding

Charge
outstanding

CSC TRUSTEES LIMITED AS SECURITY AGENT

Created 16/01/2025Registered 17/01/2025
Charge
outstanding

CSC TRUSTEES LIMITED (AS SECURITY AGENT)

Created 23/04/2021Registered 23/04/2021
charge
satisfied

COOMB BUSINESS CENTRE LIMITED

Created 14/11/2012Registered 21/11/2012Satisfied 22/02/2021
charge
satisfied

HSBC BANK PLC AS SECURITY TRUSTEE FOR THE FINANCE PARTIES

Created 08/04/2009Registered 15/04/2009Satisfied 10/10/2012
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 29/09/2006Registered 05/10/2006Satisfied 11/04/2009
charge
satisfied

BARCLAYS BANK PLC

Created 18/07/2005Registered 27/07/2005Satisfied 31/03/2008
charge
satisfied

BARCLAYS BANK PLC

Created 13/10/2000Registered 01/11/2000Satisfied 16/05/2002

CompanyRankvs 63+ SIC 86900 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.62× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/03/2021

Turnover

£38.0M

Annual revenue

Net Worth

£18.7M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Profit Before Tax

£4.1M

Bottom line earnings

Net Current Assets

£17.4M

Working capital

Current Assets

£24.0M

Current Liabilities

£6.6M

Fixed Assets

£1.3M

Debtors

£21.4M

Cost of Sales

£28.2M

Gross Profit

£9.8M

Admin Expenses

£9.6M

Operating Profit

£4.1M

Profit After Tax

£5.6M

2112avg. employees+278

People Costs

Wages & salaries£30.8M
NI contributions£2.2M

Balance Sheet

Intangible assets£1.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20213.62+£5.6M
20202.76

Derived from filed accounts. Not audited figures.