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Micrologic Computer Supplies Limited

03566209

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

54 SYKE INGS, IVER, SL0 9EU
Incorporated 18/05/1998

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 18/12/2025

Due 01/01/2027

On track

Industry

47410
Retail sale of computers, peripheral units and software in specialised stores

Officers

Mr Jagjit Singh Gill

director · Since 18/05/1998

SALES DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Persons with Significant Control

Mr Jagjit Singh Gill

25–50% shares
25–50% votes
Appoint directors

British · England · Age 63

54, Syke Ings, Iver, SL0 9EU

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 29/07/2003Registered 05/08/2003Satisfied 27/06/2019
charge
outstanding

J M K INVESTMENTS LIMITED

Created 10/07/2000Registered 19/07/2000

CompanyRankvs 737+ SIC 47410 peers
49

Financial strength11th percentile among SIC peers · 3/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.71× · 20/20
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 strength3/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2024

Net Worth

-£10k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£7k

Current Liabilities

£2k

Fixed Assets

£873

Debtors

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£6k
Signed by 1.6.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20243.71+£10k
20230.88-£5k
20221.44-£8k
20214.63+£9k
20200.46
20190.99
20181.15

Derived from filed accounts. Not audited figures.