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Assist Mi Ltd

07390865

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

METROPOLITAN HOUSE LONGRIGG, NEWCASTLE UPON TYNE, NE16 3AS
Incorporated 29/09/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Neil Andrew Herron

director · Since 29/09/2010

CONSULTANT

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Mr David John Comyn

director · Since 09/05/2017

DIRECTOR

IRISH · ENGLAND · Age 72

Also on 9 other boards

Persons with Significant Control

Grid Smarter Cities Ltd

75–100% shares

Metropolitan House, Long Rigg Road, Swalwell, NE16 3AS

Reg: 07047102 · England · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

KEY FUND INVESTMENTS LIMITED

Created 29/05/2015Registered 30/05/2015
charge
satisfied

NEAF LP ACTING BY ITS GENERAL PARTNER NE ANGEL GP LIMITED (THE LENDER) (AS SECURITY TRUSTEE FOR

Created 28/07/2011Registered 03/08/2011Satisfied 15/07/2014

CompanyRankvs 918960+ SIC 62020 peers
31

Financial strength0th percentile among SIC peers · 0/25
Employees73th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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

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

-£900k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£874k

Working capital

Current Assets

Current Liabilities

£887k

Debtors

£12k

2avg. employees-1

Balance Sheet

Intangible assets£0
Assets less current liabilities-£874k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£216k
20230.01-£9k
20210.02-£11k
20200.02-£75k
20190.03

Derived from filed accounts. Not audited figures.