Michael Seare Limited
07960574
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
30/04/2025
total exemption full
Next accounts due
31/01/2027
Confirmation statement
Last: 05/11/2025
Due 19/11/2026
Industry
Officers
Persons with Significant Control
Dr Michael Anthony Seare
British · England · Age 62
Mastersfuller 38, Salisbury Road, Worthing, BN11 1RD
Notified 22/02/2017
Charges0 outstanding
HSBC UK BANK PLC
CompanyRankvs 9780+ SIC 86230 peers44
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
-£36k
Balance sheet strength
Cash
£340
Cash in the bank
Net Current Assets
-£286k
Working capital
Current Assets
£8k
Current Liabilities
£294k
Fixed Assets
£274k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.03 | +£74k |
| 2024 | 0.02 | +£45k |
| 2023 | 0.08 | -£43k |
| 2022 | 0.07 | +£81k |
| 2021 | 0.03 | -£341k |
| 2020 | 0.03 | — |
| 2019 | 0.04 | — |
| 2018 | 0.03 | — |
Derived from filed accounts. Not audited figures.