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Mightyit Limited

03425830

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

19-21 MIDDLE ROW, STEVENAGE, SG1 3AW
Incorporated 28/08/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Francesca Thomas

secretary · Since 21/11/1997

BRITISH

Ian Paul Thomas

director · Since 21/11/1997

COMPUTER CONSULTANT

BRITISH · Age 68

Also on 2 other boards

Mrs Francesca Thomas

director · Since 16/12/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Persons with Significant Control

Mrs Francesca Thomas

25–50% shares
25–50% votes

British · United Kingdom · Age 71

23 Lawn Terrace, Blackheath, SE3 9LL

Notified 06/04/2016

Mr Ian Paul Thomas

25–50% shares
25–50% votes

British · United Kingdom · Age 68

23 Lawn Terrace, Blackheath, SE3 9LL

Notified 06/04/2016

CompanyRankvs 34463+ SIC 62020 peers
56

Financial strength25th percentile among SIC peers · 6/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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34463Mightyit Limited
62
How is this score calculated?
Financial strength6/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

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

Going Concern Doubt

The financial statements have been prepared under the historical cost convention. The directors have assessed various factors and risks affecting the company and its ability to continue to trade as a going concern.They have not identified any material uncertainties or risks related to events or conditions that could cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/08/2025

Net Worth

£2

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£10k

Current Liabilities

£6k

Fixed Assets

£2k

Debtors

£1k

3avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.68
20251.68
20240.81
20231.34

Derived from filed accounts. Not audited figures.