Myo Developments Limited
06562550
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/04/2008
INTERIOR DESIGNER
BRITISH · ENGLAND · Age 41
Also on 2 other boards
director · Since 06/01/2011
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 2 other boards
Persons with Significant Control
Mr Philip David May
British · England · Age 41
4, East Mead, Ormskirk, L39 5ES
Notified 01/06/2016
Mr Stephen May
British · England · Age 72
4, East Mead, Ormskirk, L39 5ES
Notified 01/06/2016
Charges0 outstanding
NPIF NW (MICROFINANCE) LP
CompanyRankvs 19514+ SIC 74100 peers46
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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 30/09/2024
Net Worth
-£240k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
-£129k
Working capital
Current Assets
£46k
Current Liabilities
£176k
Fixed Assets
£85k
Debtors
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.26 | -£36k |
| 2023 | 0.10 | -£122k |
| 2022 | 1.62 | -£65k |
| 2021 | 1.15 | +£18k |
| 2020 | 1.07 | +£79k |
| 2019 | 0.57 | -£49k |
| 2018 | 0.29 | — |
Derived from filed accounts. Not audited figures.