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Migar Systems Limited

03665271

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

23 WORCESTER ROAD, MALVERN, WR14 4QY
Incorporated 10/11/1998

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

68310
Real estate agencies
70229
Management consultancy activities
81300
Landscape service activities

Officers

Mr Roger Albert Barter

director · Since 12/11/1998

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 77

Also on 5 other boards

Mr Roger Albert Barter

secretary · Since 01/10/1999

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 77

Also on 5 other boards

Mrs Rosemarie Stella Barter

director · Since 06/07/2004

TEACHER

BRITISH · ENGLAND · Age 70

Also on 1 other board

Persons with Significant Control

Mr Roger Albert Barter

75–100% shares

British · England · Age 77

23, Worcester Road, Malvern, WR14 4QY

Notified 10/11/2016

CompanyRankvs 14271+ SIC 68310 peers
50

Financial strength8th percentile among SIC peers · 2/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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14271Migar Systems Limited
46
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

-£33k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£60k

Current Liabilities

£96k

Fixed Assets

£4k

4avg. employees

Balance Sheet

Assets less current liabilities-£32k
Signed by Mr Roger Barter 22 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63+£32k
20230.34-£37k
20210.76—
20200.40—
20190.54—
20180.31—

Derived from filed accounts. Not audited figures.