Mpaas Ltd
09820522
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/10/2015
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
director · Since 22/04/2020
DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 3 other boards
Persons with Significant Control
Mr Jordan Michael Benbow
British · England · Age 32
One, Canada Square Canary Wharf, London, E14 5AB
Notified 21/10/2021
Mr Vipan Kumar
Indian · India · Age 41
One, Canada Square Canary Wharf, London, E14 5AB
Notified 11/10/2022
Mr Neeraj Bhatia
British · Isle Of Man · Age 57
One, Canada Square Canary Wharf, London, E14 5AB
Notified 01/10/2023
Gamechanger Investments Ltd
The Octagon, 27 Middleborough, Colchester, CO1 1TG
Reg: 15935065 · United Kingdom Companies House · Private Limited Company
Notified 24/07/2025
Former PSCs
Mr Kenneth Francis Campbell
Ceased 22/10/2021
Mr Steven James Daniels
Ceased 24/07/2025
CompanyRankvs 70694+ SIC 96090 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
of the directors’ assessment of the company’s ability to continue as a going concern included the following: evaluating the directors’ assessment of going concern through analysis of the company’s management accounts and discussions with the managing directors assessing the underlying assumptions included in the financial forecasts, with reference to our knowl
Key FinancialsYear ending 31/10/2024
Net Worth
-£16.3M
Balance sheet strength
Cash
£169k
Cash in the bank
Profit Before Tax
-£5.7M
Bottom line earnings
Net Current Assets
-£765k
Working capital
Current Assets
£2.2M
Current Liabilities
£2.9M
Fixed Assets
£4.3M
Debtors
£1.8M
Cost of Sales
£3.8M
Admin Expenses
£21.6M
Profit After Tax
-£5.7M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.74 | -£15.0M |
| 2021 | 0.38 | -£1.4M |
| 2020 | 0.07 | — |
Derived from filed accounts. Not audited figures.