Microfact Limited
03577867
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 09/06/1998
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 62
Also on 19 other boards
director · Since 09/06/1998
CO DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
director · Since 09/06/1998
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 62
Also on 19 other boards
director · Since 10/11/2008
CO DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 2 other boards
Persons with Significant Control
Mr Christopher Alfred Boxall
British · England · Age 62
C/O Cox Costello & Horne, 7 St. Johns Road, Harrow, HA1 2EY
Notified 07/07/2020
Former PSCs
Fundamental Asset Management Ltd
Ceased 07/07/2020
CompanyRankvs 1355+ SIC 63990 peers66
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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
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
from signing the financial statements. No material uncertainties that cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The company therefore continues to adopt the going concern basis in preparing its financial statements. Critical accounting judgements and key sources of estima
Key FinancialsYear ending 31/03/2025
Net Worth
£34k
Balance sheet strength
Cash
£28k
Cash in the bank
Net Current Assets
£45k
Working capital
Current Assets
£51k
Current Liabilities
£6k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 8.75 | -£32k |
| 2024 | 18.29 | -£6k |
| 2023 | 19.26 | -£9k |
| 2022 | 22.36 | +£8k |
| 2021 | 15.40 | — |
| 2020 | 7.90 | — |
| 2019 | 7.58 | — |
Derived from filed accounts. Not audited figures.