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Miracle Software Systems Uk Limited

05122920

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)

Details

ARMITAGE HOUSE VICTOR JACKSON AVENUE, DORCHESTER, DT1 3GY
Incorporated 10/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Prasad Lokam

director · Since 10/05/2004

CEO

AMERICAN · UNITED STATES · Age 57

Madhavi Lokam

secretary · Since 01/05/2007

VICE PRESIDENT

INDIAN · UNITED STATES · Age 58

Also on 1 other board

Madhavi Lokam

director · Since 01/05/2007

VICE PRESIDENT

INDIAN · UNITED STATES · Age 58

Also on 1 other board

Persons with Significant Control

Mr Prasad Lokam

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 57

45625, Grand River Avenue, Novi

Notified 06/04/2016

CompanyRankvs 72983+ SIC 62020 peers
42

Financial strength3th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

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

Liquidity0/20 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

-£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

Current Liabilities

£51k

Fixed Assets

£3

2avg. employees

Balance Sheet

Assets less current liabilities-£51k
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2024-£648

Derived from filed accounts. Not audited figures.