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Mind Engine Ltd

06004093

active
Private Limited Company
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

42 LYTTON ROAD, BARNET, EN5 5BY
Incorporated 21/11/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management
70229
Management consultancy activities
74909
Other professional, scientific and technical activities
96090
Other personal service activities

Officers

Kiran Vithlani

secretary · Since 21/11/2006

BRITISH

Ms Sheetal Vithlani

director · Since 21/11/2006

CONSULTANT

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Ms Sheetal Prakash Vithlani

75–100% shares

British · England · Age 48

42 Lytton Road, Barnet, EN5 5BY

Notified 06/04/2016

CompanyRankvs 2579+ SIC 70221 peers
69

Financial strength62th percentile among SIC peers · 16/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.31× · 12/20
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 strength16/25 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.

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 30/11/2024

Net Worth

£11k

Balance sheet strength

Cash

£118k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£124k

Current Liabilities

£95k

Fixed Assets

£340

Debtors

£5k

2avg. employees

Tax at Year End

Corp tax£39k

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.31+£9k
20231.65+£50k
20220.42-£49k
20212.75

Derived from filed accounts. Not audited figures.