Michael Backman Ltd
05691940
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/01/2026
Due 31/01/2027
Industry
Officers
Persons with Significant Control
Mr Michael Backman
British · England · Age 58
2nd, Floor, London, W1S 1YR
Notified 06/04/2016
CompanyRankvs 242+ SIC 47791 peers80
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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
Turnover
£687k
Annual revenue
Net Worth
£1.3M
Balance sheet strength
Cash
£150k
Cash in the bank
Profit Before Tax
£78k
Bottom line earnings
Net Current Assets
£1.3M
Working capital
Current Assets
£2.8M
Current Liabilities
£1.5M
Cost of Sales
£385k
Gross Profit
£302k
Admin Expenses
£224k
Operating Profit
£78k
Profit After Tax
£78k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.84 | +£49k |
| 2023 | 1.72 | +£101k |
| 2022 | 1.66 | +£93k |
| 2021 | 1.57 | +£6k |
| 2020 | 5.24 | +£217k |
| 2019 | 4.16 | +£95k |
| 2018 | 3.61 | — |
Derived from filed accounts. Not audited figures.