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Mydeco Ltd

09458388

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)
  • Negative net worth (-10)

Details

54 STEELE ROAD, LONDON, E11 3JA
Incorporated 25/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Iavor Iossifov Borissov

director · Since 25/02/2015

DIRECTOR

BULGARIAN · ENGLAND · Age 49

Miss Tsenka Nikolova Titeva

director · Since 01/03/2017

MANAGER

BULGARIAN · ENGLAND · Age 49

Persons with Significant Control

Mr Iavor Iossifov Borissov

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

Bulgarian · England · Age 49

54, Steele Road, London, E11 3JA

Notified 06/04/2016

CompanyRankvs 33157+ SIC 41100 peers
53

Financial strength21th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.59× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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.

Longevity11/15 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 31/01/2025

Net Worth

-£700

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£70k

Current Liabilities

£20k

Debtors

£4k

0avg. employees

Tax at Year End

VAT£16k

Balance Sheet

Bank loans & overdrafts£51k
Assets less current liabilities£51k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.59£329k
2024-£6k£90k
2023£46k

Derived from filed accounts. Not audited figures.