Micrologic Design Ltd
07480585
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Masoud Hakimi Nayeri
British · England
Notified 01/05/2016
CompanyRankvs 77488+ SIC 62020 peers30
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
been prepared under the historical cost convention. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Going concern The director has not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going conc
Key FinancialsYear ending 31/12/2025
Net Worth
£1
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£37k
Working capital
Current Assets
—
Current Liabilities
£37k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.00 |
| 2023 | 0.19 |
Derived from filed accounts. Not audited figures.