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Mib Data Solutions Limited

06818323

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

FORTIS INSOLVENCY LIMITED, MANCHESTER, M20 6RE
Incorporated 13/02/2009

Compliance

Last accounts

28/02/2022

total exemption full

Next accounts due

30/11/2023

Overdue

Confirmation statement

Last: 31/03/2023

Due 14/04/2024

Overdue

Industry

63110
Data processing, hosting and related activities

Officers

Mr Nicholas James Boddington

director · Since 24/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Nicholas James Boddington

25–50% shares
25–50% votes

British · England · Age 48

Highdown House, 11 Highdown Road, Leamington Spa, CV31 1XT

Notified 06/04/2016

Former PSCs

Mrs Abby Charlotte Boddington

Ceased 31/03/2022

Charges1 outstanding

A registered charge
outstanding

Time Invoice Finance Limited

I) all freehold and leasehold land and buildings of the company both present and future including any land and buildings specified in section 3 of the schedule and all trade fixtures and fittings and all plant and machinery from time to time in or on any such land or buildings; and. Ii) all intellectual property now owned or at any time hereafter to be owned by the company.".

Created 26/05/2022Registered 27/05/2022
A registered charge
fully satisfied

Bibby Financial Services Limited

By way of first legal mortgage, all land (as defined below) belonging to the company at the date of the debenture including without limitation that described in part 1 of schedule 2 to the debenture (a copy of which schedule is attached to this form MR01 ).. in the debenture “land” means all estates and other interests in freehold, leasehold or other immovable property (wherever situated) or in which the company has an interest and:-. (I) all buildings and fixtures (including trade fixtures but not including tenant’s fixtures) and fixed plant and machinery at any time thereon;. (Ii) all easements, rights and agreements in respect of such property;. (Iii) all proceeds of sale of such property; and. The benefit of all covenants given in respect of such property.

Created 13/04/2016Registered 18/04/2016Satisfied 28/06/2023

Insolvency History1 case

creditors voluntary liquidation09/05/2023

Daniel Taylor (practitioner)

CompanyRankvs 15+ SIC 63110 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 28/02/2022

Net Worth

-£17k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£115k

Current Liabilities

£135k

Fixed Assets

£21k

Debtors

£86k

3avg. employees

Tax at Year End

Corp tax£47k
VAT£31k

Director Loans

Directors owe company£81k

Balance Sheet

Assets less current liabilities£301
Signed by Mr NICHOLAS BODDINGTON 04/11/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.85-£18k£629k
20210.93£1.1M

Derived from filed accounts. Not audited figures.