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Diab Mgt Ltd

10267369

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

6 MANCHESTER OLD ROAD, BURY, BL9 0TB
Incorporated 07/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr David Mihell

director · Since 07/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mrs Imelda Mary Mihell

director · Since 07/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Ashley John Mihell

director · Since 01/05/2020

BUSINESS DEVELOPMENT MANAGER

BRITISH · ENGLAND · Age 35

Also on 4 other boards

Ben Mihell

director · Since 01/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Persons with Significant Control

Diab Group Ltd

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

6 Manchester Old Road, Bury, BL9 0TB

Reg: 13218864 · England And Wales · Ltd

Notified 01/03/2021

Former PSCs

Mr David Mihell

Ceased 01/03/2021

Mrs Imelda Mary Mihell

Ceased 01/03/2021

Charges8 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 19/03/2025Registered 26/03/2025
Charge
outstanding

HSBC UK BANK PLC

Created 19/03/2025Registered 24/03/2025
Charge
outstanding

DCD TRUSTEES LIMITED · ASHLEY MIHELL · BENJAMIN MIHELL · IMELDA MARY MIHELL · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 19/11/2024Registered 22/11/2024
Charge
outstanding

HSBC UK BANK PLC

Created 13/11/2024Registered 21/11/2024
Charge
outstanding

ASHLEY MIHELL AS TRUSTEE OF THE TIDDLYWINKS SSAS · DAVID JOHN MIHELL AS TRUSTEE OF THE TIDDLYWINKS SSAS · BENJAMIN MIHELL AS TRUSTEE OF THE TIDDLYWINKS SSAS · IMELDA MARY MIHELL AS TRUSTEE OF THE TIDDLYWINKS SSAS · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 23/07/2024Registered 30/07/2024
Charge
outstanding

HSBC UK BANK PLC

Created 13/11/2023Registered 15/11/2023
Charge
outstanding

HSBC UK BANK PLC

Created 13/11/2023Registered 15/11/2023
Charge
outstanding

HSBC UK BANK PLC

Created 24/07/2023Registered 25/07/2023
Charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 28/01/2021Registered 09/02/2021Satisfied 11/09/2024
Charge
satisfied

THE CO-OPERATIVE BANK P.L.C.

Created 22/01/2021Registered 22/01/2021Satisfied 09/01/2024
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/12/2019Registered 20/12/2019Satisfied 12/02/2021
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/07/2017Registered 05/07/2017Satisfied 12/02/2021
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 17/05/2017Registered 23/05/2017Satisfied 12/02/2021

CompanyRankvs 98650+ SIC 68209 peers
34

Financial strength94th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£90k

Cash in the bank

Profit Before Tax

£145k

Bottom line earnings

Net Current Assets

-£5.5M

Working capital

Current Assets

£255k

Current Liabilities

£5.8M

Fixed Assets

£7.5M

Debtors

£165k

Admin Expenses

£524k

Profit After Tax

£9k

0avg. employees-8

Tax at Year End

Dividends paid£100k

People Costs

Wages & salaries£274k

Balance Sheet

Assets less current liabilities£2.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£91k
20240.05-£16k
20230.19+£405k
20220.18+£163k
20210.17+£383k
20190.02+£485k
20180.03

Derived from filed accounts. Not audited figures.