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Mind The Groove Ltd

07835140

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

5 CHIGWELL ROAD, LONDON, E18 1LR
Incorporated 04/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear
70229
Management consultancy activities

Officers

Mr Raimondas Biguzas

secretary · Since 04/11/2011

Also on 2 other boards

Mr Raimondas Biguzas

director · Since 25/10/2013

DIRECTOR

LITHUANIAN · ENGLAND · Age 57

Also on 2 other boards

Inga Biguze

director · Since 20/07/2016

DIRECTOR

LITHUANIAN · ENGLAND · Age 55

Persons with Significant Control

Inga Biguze

25–50% shares
25–50% votes

Lithuanian · England · Age 55

5 Chigwell Road, London, E18 1LR

Notified 06/04/2016

Mr Raimondas Biguzas

25–50% shares
25–50% votes

Lithuanian · England · Age 57

5 Chigwell Road, London, RM16 6QR

Notified 06/04/2016

CompanyRankvs 310+ SIC 46420 peers
87

Financial strength96th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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310Mind The Groove Ltd
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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.

Employees13/15 pts

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

Liquidity20/20 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 30/11/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£738k

Cash in the bank

Net Current Assets

£633k

Working capital

Current Assets

£944k

Current Liabilities

£214k

Fixed Assets

£672k

Debtors

£199k

4avg. employees-9

Balance Sheet

Assets less current liabilities£1.3M

EstimatesDerived

YearCurrent RatioImplied Profit
20244.42-£95k
20238.42+£269k
20226.20+£109k
20218.72—

Derived from filed accounts. Not audited figures.