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Myriad Associates Ltd

06638267

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

108 STANLEY ROAD, MANCHESTER, M16 9DH
Incorporated 04/07/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
68100
Buying and selling of own real estate

Officers

Mr Khawar Nasir B Eng Hons

director · Since 04/07/2008

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Persons with Significant Control

Mr Khawar Nasir

75–100% shares

British · England · Age 56

108, Stanley Road, Manchester, M16 9DH

Notified 04/07/2016

CompanyRankvs 21430+ SIC 62012 peers
59

Financial strength68th percentile among SIC peers · 17/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.95× · 6/20
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 strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/07/2024

Net Worth

£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£154k

Current Liabilities

£162k

1avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95-£295
20230.96+£2k
20220.98+£2k
20211.00+£6k
20200.99
20191.00
20181.00

Derived from filed accounts. Not audited figures.