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Mig House Residential Care Home Limited

03780971

active
Private Limited Company
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

8A BUSHWOOD, LODON, E11 3AY
Incorporated 02/06/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled
87900
Other residential care activities

Officers

Mrs Khairoonessah Dustagheer

secretary · Since 07/06/1999

BUSINESSWOMAN

BRITISH · ENGLAND · Age 73

Also on 3 other boards

Mrs Khairoonessah Dustagheer

director · Since 07/06/1999

BUSINESSWOMAN

BRITISH · ENGLAND · Age 73

Also on 3 other boards

Mr Mohammad Iqbal Goolam Dustagheer

director · Since 24/04/2000

BUSINESSMAN

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Mrs Khairoonessah Dustagheer

50–75% shares

British · England · Age 73

8a, Bushwood, Lodon, E11 3AY

Notified 06/04/2016

Mr Mohammad Iqbal Goolam Dustagheer

25–50% shares
25–50% votes

British · England · Age 73

8a, Bushwood, Lodon, E11 3AY

Notified 23/10/2024

CompanyRankvs 2470+ SIC 87300 peers
63

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2470Mig House Residential Care Home Limited
63
How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£2.1M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£2.1M

Current Liabilities

£500k

Fixed Assets

£275k

Debtors

£10k

46avg. employees+4

Balance Sheet

Total assets£2.3M

EstimatesDerived

YearCurrent RatioImplied Profit
20244.14-£763k
20233.16-£1.9M
20221.81+£229k
20212.39+£364k
20201.20+£59k
20190.70-£103k
20182.00—

Derived from filed accounts. Not audited figures.