Back to search

Michigan Investments Limited

07930966

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

WEST 2 ASAMA COURT, NEWCASTLE UPON TYNE, NE4 7YD
Incorporated 01/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mark Adam Walton

director · Since 01/02/2012

PROPERTY AGENT

BRITISH · ENGLAND · Age 51

Also on 19 other boards

Philip George Walton

director · Since 01/02/2012

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 9 other boards

Persons with Significant Control

Philip George Walton

50–75% shares
ownership-of-shares-50-to-75-percent-as-firm

British · England · Age 77

West 2, Asama Court, Newcastle Upon Tyne, NE4 7YD

Notified 06/04/2016

Mr Mark Walton

25–50% shares
25–50% votes

British · England · Age 51

West 2, Asama Court, Newcastle Upon Tyne, NE4 7YD

Notified 18/03/2021

Former PSCs

Mrs Diane Walton

Ceased 02/03/2018

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 01/07/2015Registered 01/07/2015
Charge
outstanding

LLOYDS BANK PLC

Created 12/11/2014Registered 15/11/2014
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 28/05/2013Registered 06/06/2013Satisfied 12/06/2018

CompanyRankvs 39355+ SIC 68209 peers
57

Financial strength95th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
39355Michigan Investments Limited
67
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.

Employees12/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 28/02/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£272k

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£602k

Current Liabilities

£3.4M

Fixed Assets

£8.7M

Debtors

£330k

Profit After Tax

£74k

2avg. employees+2

Tax at Year End(2023)

Corp tax£70k

Balance Sheet

Assets less current liabilities£5.8M
Prepared with Sage Accounts Production 25.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.18+£161k
20240.16-£995k
20230.17+£52k
20220.18+£193k
20210.14+£207k
20200.11+£208k
20190.19—

Derived from filed accounts. Not audited figures.