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M.I & Sons Ltd

09137239

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

4 DRYDEN STREET, LEICESTER, LE1 3QE
Incorporated 18/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr. Sajid Iqbal Patel

director · Since 18/07/2014

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mr Sarfaraz Iqbal Patel

director · Since 18/07/2014

DIRECTOR

UNITED KINGDOM · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Sarfaraz Iqbal Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

4 Dryden Street, Leicester, LE1 3QE

Notified 06/04/2016

Mr. Sajid Iqbal Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

4 Dryden Street, Leicester, LE1 3QE

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

THE TRUSTEES OF THE STYLE CLOTHING LIMITED SELF ADMINISTERED PENSION SCHEME

Created 11/08/2023Registered 17/08/2023
Charge
satisfied

THE TRUSTEES OF THE STYLE CLOTHING LIMITED SELF ADMINISTERED PENSION SCHEME

Created 21/12/2021Registered 05/01/2022Satisfied 21/08/2023
Charge
satisfied

SAFRAZ IQBAL PATEL AND SAJID IQBAL PATEL AND SAFINA CASOOLE AND SUMAYA INAYET PATEL AND BEECHWO

Created 28/01/2021Registered 28/01/2021Satisfied 11/01/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/04/2018Registered 17/04/2018
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/04/2018Registered 09/04/2018

CompanyRankvs 49773+ SIC 68209 peers
55

Financial strength86th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£317k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£20k

Current Liabilities

£103k

Fixed Assets

£1.4M

3avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20+£7k
20230.03+£8k
202129.11-£21k
202010.61+£10k
20192.82+£50k
20180.05

Derived from filed accounts. Not audited figures.