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Mindtrace Limited

10578025

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

THE COPPER ROOM DEVA CITY OFFICE PARK, MANCHESTER, M3 7BG
Incorporated 23/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Sir Hossein Yassaie

director · Since 06/11/2017

CHAIRMAN

BRITISH · ENGLAND · Age 69

Also on 9 other boards

Mr Hoon Chung

director · Since 01/03/2020

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 68

Bloc Ventures Directors Ltd

director · Since 27/07/2021

Also on 1 other board

Chery Golden

director · Since 10/10/2024

DIRECTOR, INVESTOR RELATIONS

AMERICAN · UNITED STATES · Age 45

Mercia Fund Management (Nominees) Limited

director · Since 01/04/2025

BRITISH

Also on 109 other boards

Persons with Significant Control

Former PSCs

Dr Michael James Denham

Ceased 06/11/2017

Ms Kameliya Dimova

Ceased 06/11/2017

Npif Yhtv Equity Lp

Ceased 10/10/2024

Charges0 outstanding

Charge
satisfied

NPIF YHTV EQUITY LP

Created 04/03/2020Registered 05/03/2020Satisfied 17/02/2021

CompanyRankvs 31215+ SIC 74909 peers
55

Financial strength41th percentile among SIC peers · 10/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

£514

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£103k

Working capital

Current Assets

£642k

Current Liabilities

£745k

Fixed Assets

£7k

Debtors

£627k

17avg. employees-8

Balance Sheet

Assets less current liabilities-£96k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.86
20237.87
20228.43
202128.83+£2.6M
20200.74
201917.47
201945.95

Derived from filed accounts. Not audited figures.