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The Michaels Family Company Limited

10385095

active
Private Limited Company
england wales
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

SUMMIT HOUSE, LONDON, NW3 6BP
Incorporated 20/09/2016

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/09/2025

Due 03/10/2026

On track

Industry

64304
Activities of open-ended investment companies

Officers

Mrs Lesley Anne Michaels

secretary · Since 20/09/2016

Also on 1 other board

Mrs Lesley Anne Michaels

director · Since 20/09/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Also on 1 other board

Mr Leslie David Michaels

director · Since 20/09/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 46 other boards

Persons with Significant Control

Lesley Anne Michaels

25–50% votes

British · United Kingdom · Age 80

71 Spencer Close, Regents Park Road, London, N3 3TY

Notified 20/09/2016

Leslie David Michaels

25–50% votes

British · United Kingdom · Age 82

71 Spencer Close, Regents Park Road, London, N3 3TY

Notified 20/09/2016

Former PSCs

Aaron Michaels

Ceased 31/05/2024

Isaac Michaels

Ceased 31/05/2024

Seth Michaels

Ceased 31/05/2024

CompanyRankvs 2013+ SIC 64304 peers
42

Financial strength11th percentile among SIC peers · 3/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees12/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£147k

Working capital

Current Assets

£4k

Current Liabilities

£151k

Fixed Assets

£142k

2avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£8k
20230.04-£5k
20220.02+£6k
20210.03
20200.03

Derived from filed accounts. Not audited figures.