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Mimasm Limited

07783734

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3RD FLOOR, 86-90, LONDON, EC2A 4NE
Incorporated 22/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Michael Margetson Smith

director · Since 22/09/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Richard Hutchinson

director · Since 01/03/2012

TECHNOLOGY CONSULTANT

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Michael Margetson Smith

50–75% shares
50–75% votes

British · United Kingdom · Age 62

3rd Floor, 86-90, Paul Street, London, EC2A 4NE

Notified 06/04/2016

Mr Richard Hutchinson

25–50% shares
25–50% votes

British · United Kingdom · Age 40

3rd Floor, 86-90, Paul Street, London, EC2A 4NE

Notified 06/04/2016

CompanyRankvs 2990+ SIC 62012 peers
81

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.08× · 12/20
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 strength24/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£421k

Balance sheet strength

Cash

£442k

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.0M

Fixed Assets

£372k

Debtors

£661k

17avg. employees

Balance Sheet

Intangible assets£364k
Assets less current liabilities£451k
Signed by Mr Michael Smith 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08-£36k
20231.12+£51k
20221.23+£58k
20211.21+£56k
20191.19

Derived from filed accounts. Not audited figures.