M2x Ltd
04591660
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/11/2002
NONE
BRITISH · ENGLAND · Age 68
Also on 5 other boards
Persons with Significant Control
Mr Michael John Midgen
British · England · Age 68
Brown Heath House, Pound Green, Buxted, TN22 4PH
Notified 06/04/2016
Mrs Jane Anne Midgen
British · United Kingdom · Age 64
Brown Heath House, Pound Green, Buxted, TN22 4PH
Notified 06/04/2016
CompanyRankvs 8588+ SIC 70229 peers79
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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.
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
£125k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
£127k
Working capital
Current Assets
£138k
Current Liabilities
£11k
Fixed Assets
£372
Debtors
£136k
Profit After Tax
£20k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 12.52 | -£242 |
| 2023 | 9.34 | +£19k |
| 2022 | 5.07 | +£15k |
| 2021 | 4.94 | +£10k |
| 2020 | 3.83 | +£8k |
| 2019 | 2.22 | — |
| 2018 | 1.70 | — |
Derived from filed accounts. Not audited figures.