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Minds At Work Ltd

08294725

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 15/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Peter Balazsik

director · Since 15/11/2012

DIRECTOR

HUNGARIAN · HUNGARY · Age 39

Noemi Balazsik

director · Since 01/09/2013

DIRECTOR

HUNGARIAN · HUNGARY · Age 39

Persons with Significant Control

Mr Peter Balazsik

75–100% shares

Hungarian · Hungary · Age 39

5 Fszt/4, Guyon Richard Utca, Budapest, H-1026

Notified 06/04/2016

CompanyRankvs 1991+ SIC 47910 peers
83

Financial strength86th percentile among SIC peers · 22/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.46× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£18k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£54k

Current Liabilities

£8k

Fixed Assets

£714

2avg. employees

Balance Sheet

Intangible assets£714
Assets less current liabilities£46k
Signed by Mr PETER BALAZSIK 26/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.46+£7k
20234.23+£678
2022+£3k
2021+£1k
2020-£275
2019+£2k

Derived from filed accounts. Not audited figures.