M2 Recovery Ltd
10413045
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 02/12/2025
Due 16/12/2026
Industry
Officers
director · Since 01/06/2020
DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 7 other boards
Persons with Significant Control
Mr Neil Holloway
British · England · Age 68
11, Main Street, Leicester, LE7 3QG
Notified 06/10/2016
Former PSCs
Ciro Global Risks Llp
Ceased 14/11/2022
Charges2 outstanding
HEIRLOOM LITIGATION FUNDING 2022 SPV XI
HEIRLOOM LITIGATION FUNDING 2022 SPV XI
CompanyRankvs 4522+ SIC 66220 peers33
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£768k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£5k
Working capital
Current Assets
£11k
Current Liabilities
£6k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.79 | -£197k |
| 2023 | 1.21 | -£192k |
| 2022 | 25.67 | -£389k |
| 2021 | 1.24 | +£3k |
| 2020 | 3.31 | +£1k |
| 2019 | 2.20 | +£37k |
| 2018 | 0.00 | — |
Derived from filed accounts. Not audited figures.