Michco 1204 Limited
08155302
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
30/06/2025
medium
Next accounts due
31/03/2027
Confirmation statement
Last: 24/07/2025
Due 07/08/2026
Industry
Officers
director · Since 25/07/2012
FINANCER
ENGLISH · ENGLAND · Age 66
Also on 51 other boards
director · Since 08/12/2014
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 75 other boards
Persons with Significant Control
Mr Robert John Hugo Randall
British · England · Age 66
The Long Barn,, Manor Courtyard, Radstock, BA3 4QF
Notified 06/04/2016
Charges3 outstanding
U.S. BANK TRUSTEES LIMITED AS BORROWER SECURITY TRUSTEE (AS DEFINED IN THE DOCUMENT UPLOADED WI
U.S. BANK TRUSTEES LIMITED FOR ITSELF AND AS BORROWER SECURITY TRUSTEE FOR THE OTHER BORROWER S
U.S BANK TRUSTEES LIMITED
LOMBARD INTERNATIONAL ASSURANCE SA
MICHCO 1208 LIMITED
BARCLAYS BANK PLC (THE "SECURITY TRUSTEE")
CompanyRankvs 1735+ SIC 35110 peers32
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/06/2025
Turnover
£6.6M
Annual revenue
Net Worth
-£12.1M
Balance sheet strength
Cash
£4.5M
Cash in the bank
Profit Before Tax
£1.8M
Bottom line earnings
Net Current Assets
£12.7M
Working capital
Current Assets
£14.7M
Current Liabilities
£2.0M
Fixed Assets
£10.3M
Debtors
£10.2M
Cost of Sales
£1.1M
Gross Profit
£5.5M
Admin Expenses
£874k
Operating Profit
£4.6M
Profit After Tax
£1.4M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 7.21 | +£1.4M | — |
| 2024 | 7.99 | +£831k | £886k |
| 2023 | 7.04 | +£897k | £1.4M |
| 2022 | 9.27 | +£219k | — |
| 2021 | 7.92 | +£313k | — |
| 2020 | 7.92 | — | — |
Derived from filed accounts. Not audited figures.