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Miami Lights Limited

09492724

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

WROUGHT IRON WORKS, CLEATOR, CA23 3AD
Incorporated 17/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Ian Timothy Statter

director · Since 17/03/2015

MANAGER

BRITISH · UNITED KINGDOM · Age 58

Amanda Mary Glaister

secretary · Since 17/03/2015

Persons with Significant Control

Mr Ian Timothy Statter

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

British · United Kingdom · Age 58

Wrought Iron Works, The Forge, Cleator, CA23 3AD

Notified 06/04/2016

CompanyRankvs 16726+ SIC 71129 peers
43

Financial strength2th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 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.

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

Key FinancialsYear ending 31/03/2026

Net Worth

-£56k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£76k

Working capital

Current Assets

£37k

Current Liabilities

£114k

Fixed Assets

£21k

3avg. employees-1

Balance Sheet

Assets less current liabilities-£55k
Prepared with Sage Accounts Production 25.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20260.33+£7k
20250.33+£13k
20240.16-£46k
20230.45

Derived from filed accounts. Not audited figures.