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Mikes News Limited

05675880

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 19 ARD BUSINESS PARK, NEW INN PONTYPOOL, NP4 0SW
Incorporated 16/01/2006

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 16/01/2026

Due 30/01/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Gerald Eley

secretary · Since 16/01/2006

BRITISH

Mr Michael Eley

director · Since 16/01/2006

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Michael Eley

75–100% shares

British · England · Age 54

Unit 19, Ard Business Park, New Inn Pontypool, NP4 0SW

Notified 18/01/2019

CompanyRankvs 16388+ SIC 47110 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.21× · 2/20
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.

Employees3/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

-£111k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£29k

Current Liabilities

£140k

1avg. employees
Signed by 05675880 2024-04-01 2025-03-31 05675880 2025-03-31 05675880 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.21-£1k
20240.21+£22k
20230.18+£9k
20220.11+£7k
20210.13+£3k
20200.14-£48k
20190.10

Derived from filed accounts. Not audited figures.