2m Practices Limited
07947688
Healthy
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 15/12/2025
Due 29/12/2026
Industry
Officers
secretary · Since 16/07/2015
Persons with Significant Control
Mr Mitul Harshad Patel
British · England · Age 46
4 Waterden Road, Waterden Dental Practice, Guildford, GU1 2AW
Notified 10/02/2017
Charges4 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 2406+ SIC 86230 peers65
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£94k
Balance sheet strength
Cash
£185k
Cash in the bank
Net Current Assets
£130k
Working capital
Current Assets
£331k
Current Liabilities
£201k
Fixed Assets
£471k
Debtors
£135k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.65 | +£48k |
| 2024 | 1.45 | +£37k |
| 2023 | 1.45 | -£29k |
| 2022 | 1.48 | — |
| 2021 | 1.64 | — |
| 2020 | 0.68 | -£79k |
| 2019 | 1.08 | — |
Derived from filed accounts. Not audited figures.