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Michael White Snooker Ltd

06941930

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

94 PENSHANNEL, NEATH, SA10 6PP
Incorporated 23/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr Michael White

secretary · Since 23/06/2009

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Mr Michael White

director · Since 23/06/2009

SNOOKER PLAYER

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mr Michael White

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 35

94 Penshannel, Neath Abbey, Neath, SA10 6PP

Notified 24/06/2016

CompanyRankvs 10886+ SIC 93199 peers
44

Financial strength25th percentile among SIC peers · 6/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
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 strength6/25 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.

Liquidity2/20 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 30/06/2024

Net Worth

£1

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

£1

Current Liabilities

£30k

Fixed Assets

£30k

Debtors

£1

1avg. employees

Tax at Year End

Corp tax£3k

People Costs

Wages & salaries£9k

Balance Sheet

Assets less current liabilities£1
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00
20230.19+£4k
2022-£4k

Derived from filed accounts. Not audited figures.