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Mig-Tech Ltd

05982510

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

14 MANNIN WAY, LANCASTER, LA1 3SW
Incorporated 30/10/2006

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

62090
Other information technology service activities
70229
Management consultancy activities

Officers

Mark Goodwin

secretary · Since 30/10/2006

BRITISH · UNITED KINGDOM · Age 59

Also on 10 other boards

Kathryn Jane O'Hara

director · Since 30/10/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mark Goodwin

director · Since 30/09/2008

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 10 other boards

Persons with Significant Control

Mr Mark Ian Goodwin

25–50% shares
25–50% votes

British · England · Age 59

14 Mannin Way, Lancaster Business Park, Lancaster, LA1 3SW

Notified 06/04/2016

Ms Kathryn Jane O'Hara

25–50% shares
25–50% votes

British · England · Age 56

14 Mannin Way, Lancaster Business Park, Lancaster, LA1 3SW

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2016Registered 05/04/2016Satisfied 22/09/2023
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 27/01/2016Registered 09/02/2016Satisfied 22/09/2023
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 27/01/2016Registered 28/01/2016

CompanyRankvs 11820+ SIC 62090 peers
63

Financial strength97th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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11820Mig-Tech Ltd
69
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.

Employees13/15 pts

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

Liquidity6/20 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 31/03/2026

Net Worth

£1.1M

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

-£88k

Working capital

Current Assets

£110k

Current Liabilities

£198k

Fixed Assets

£1.3M

Debtors

£67k

3avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20260.56-£73k
20251.13-£38k
20240.63-£36k
20230.50—

Derived from filed accounts. Not audited figures.