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Mytag. Limited

08039799

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

4 BEACON HOUSE, BURY ST. EDMUNDS, IP32 7AR
Incorporated 20/04/2012

Compliance

Last accounts

30/04/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 20/04/2026

Due 04/05/2027

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Paul Basey

director · Since 29/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 61

Mr David Jonathan Fuller-Watts

director · Since 29/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 5 other boards

Persons with Significant Control

Mallcomm Limited

75–100% shares
75–100% votes
Appoint directors

4, Beacon House, Bury St. Edmunds, IP32 7AR

Reg: 04061813 · Companies House · Private Limited Company

Notified 29/10/2024

Former PSCs

Mr Michael Arthur George

Ceased 29/10/2024

Charges1 outstanding

Charge
outstanding

HSBC INNOVATION BANK LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE IN

Created 21/01/2025Registered 27/01/2025

CompanyRankvs 3536+ SIC 74909 peers
74

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity16/20 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 30/04/2024

Net Worth

£786k

Balance sheet strength

Cash

£993k

Cash in the bank

Net Current Assets

£515k

Working capital

Current Assets

£1.4M

Current Liabilities

£915k

Fixed Assets

£298k

Debtors

£395k

Profit After Tax

£341k

13avg. employees-3

Balance Sheet

Intangible assets£192k
Assets less current liabilities£813k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.56+£231k
20231.43+£95k
20221.33+£101k
20211.58+£98k
20201.42+£64k
20191.12+£21k
20181.45

Derived from filed accounts. Not audited figures.