Back to search

Mahay Solutions Limited

05306617

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

52 VYSE STREET, BIRMINGHAM, B18 6HR
Incorporated 07/12/2004

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

Industry

66220
Activities of insurance agents and brokers

Officers

Balbinder Chand

secretary · Since 01/12/2007

MANAGING DIRECTOR

BRITISH · Age 59

Also on 1 other board

Balbinder Chand

director · Since 01/12/2009

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mrs Bally Chand

75–100% shares

British · United Kingdom · Age 59

West Midlands House, Gipsy Lane, Willenhall, WV13 2HA

Notified 07/12/2016

Charges0 outstanding

Charge
satisfied

ART SHARE (SOCIAL HELP ASSOCIATION FOR REINVESTING IN ENTERPRISE) LIMITED

Created 13/02/2015Registered 16/02/2015Satisfied 25/01/2019

CompanyRankvs 2216+ SIC 66220 peers
62

Financial strength49th percentile among SIC peers · 12/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength12/25 pts

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

Employees8/15 pts

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

Liquidity12/20 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 30/06/2024

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£134k

Current Liabilities

£89k

Fixed Assets

£6k

2avg. employees-1

Balance Sheet

Assets less current liabilities£50k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50+£8
20231.73
20221.85
20212.42
20202.08
20191.46+£18k
20181.02

Derived from filed accounts. Not audited figures.