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Mighty Matcha Ltd

07627165

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

125 KINGSWAY, LONDON, WC2B 6NH
Incorporated 09/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46370
Wholesale of coffee, tea, cocoa and spices

Officers

Mr Rajat Pritam Mukherjee

director · Since 03/01/2024

DIRECTOR

CANADIAN · UNITED KINGDOM · Age 43

Also on 11 other boards

Persons with Significant Control

Mxp Prime Platform Ltd.

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

125, Kingsway, London, WC2B 6NH

Reg: 13129199 · Register Of Companies · Ltd

Notified 26/10/2021

Former PSCs

Mr William Fishenden

Ceased 10/05/2020

Mr Mark Stephen Morley

Ceased 22/10/2021

Mr William Fishenden

Ceased 22/10/2021

Mr Benjamin Dane

Ceased 10/05/2021

Charges2 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 26/07/2023Registered 02/08/2023
Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 23/11/2021Registered 30/11/2021

CompanyRankvs 365+ SIC 46370 peers
47

Financial strength55th percentile among SIC peers · 14/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

financial statements to cover the group's projected future cash flows, indicates the existence of a material uncertainty which may cast doubt over the ability of the company to continue as a going concern. Notwithstanding this , the re-negotiations are currently underway and thus the directors are confident that the group will have adequate funding to continue in operational existe

Key FinancialsYear ending 31/12/2023

Net Worth

£280

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£451k

Current Liabilities

£445k

Debtors

£371k

2avg. employees

Tax at Year End

Corp tax£2k

Director Loans(2021)

Company owes directors£5k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20231.01
20212.79+£20k£376k
20212.41-£541
20204.35+£70k
2019-3.61-£83k
20184.74

Derived from filed accounts. Not audited figures.