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Mighty Sky Film Ltd

09086959

active
Private Limited Company
wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNITS 4-5, FRAZER BUILDINGS, BUSINESS IN FOCUS, CARDIFF, CF10 5LE
Incorporated 16/06/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

59112
Video production activities

Officers

Mr Christopher Michael Stuart Allan

director · Since 16/06/2014

COMPANY DIRECTOR

WELSH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Alexander Ioan Rees

director · Since 16/06/2014

COMPANY DIRECTOR

BRITISH · WALES · Age 37

Persons with Significant Control

Mr Alexander Rees

25–50% shares

British · Wales · Age 37

Units 4-5, Frazer Buildings, Business In Focus, 126 Bute Street, Cardiff Bay,, Cardiff, CF10 5LE

Notified 06/04/2016

Mr Christopher Allan

25–50% shares

British · Wales · Age 40

Units 4-5, Frazer Buildings, Business In Focus, 126 Bute Street, Cardiff Bay,, Cardiff, CF10 5LE

Notified 06/04/2016

CompanyRankvs 10583+ SIC 59112 peers
32

Financial strength5th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£60k

Working capital

Current Assets

£32k

Current Liabilities

£91k

Fixed Assets

£94k

Debtors

£32k

2avg. employees

Tax at Year End(2019)

Corp tax£1k

Balance Sheet

Assets less current liabilities£34k
Signed by Mr C M Allan 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35
20230.35
20220.73+£58k
20210.79+£39k
20200.27-£49k
20190.79-£8k
20180.98

Derived from filed accounts. Not audited figures.