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Mican Plastering Limited

04638895

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 39, LEIGH, WN7 3XZ
Incorporated 16/01/2003

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 17/12/2025

Due 31/12/2026

On track

Industry

43310
Plastering

Officers

Ian Morgan

secretary · Since 20/01/2003

PLASTERER

BRITISH · Age 60

Mr Ian Morgan

director · Since 20/01/2003

PLASTERER

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mrs Christine Martine Morgan

50–75% shares
50–75% votes

British · England · Age 81

26, Brook Drive, Manchester, M29 7HS

Notified 06/04/2016

Mr Ian Morgan

25–50% shares
25–50% votes

British · United Kingdom · Age 60

26, Brook Drive, Manchester, M29 7HS

Notified 06/04/2016

Former PSCs

Mr Michael Morgan

Ceased 04/12/2025

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/08/2017Registered 10/08/2017

CompanyRankvs 98+ SIC 43310 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.1× · 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 strength24/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£461k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

£599k

Working capital

Current Assets

£1.1M

Current Liabilities

£543k

Fixed Assets

£18k

Debtors

£849k

5avg. employees

Tax at Year End

Corp tax£23k

Director Loans(2023)

Directors owe company£1k

Balance Sheet

Assets less current liabilities£617k
Signed by Mr Ian Morgan 30th March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.10+£0
20252.10-£39k
20242.43+£55k
20231.83-£62k
20222.35+£128k£69k
20212.36+£86k£69k
20202.07+£22k
20191.47-£32k
20181.70

Derived from filed accounts. Not audited figures.