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Blue Sky Equity Limited

10662878

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MITCHELL ASSOCIATES LTD ST DAVID'S HOUSE, BRECON, LD3 7BN
Incorporated 10/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Jamie Watkins

director · Since 10/03/2017

DIRECTOR

BRITISH · WALES · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Jamie Watkins

25–50% shares
25–50% votes

British · Wales · Age 50

Mitchell Associates Ltd, St David's House, Brecon, LD3 7BN

Notified 10/03/2017

Mrs Frances Watkins

25–50% shares
25–50% votes

British · Wales · Age 52

Mitchell Associates Ltd, St David's House, Brecon, LD3 7BN

Notified 05/04/2018

Charges2 outstanding

Charge
outstanding

THE WATKINS PENSION SCHEME

Created 04/09/2025Registered 09/09/2025
Charge
outstanding

THE TRUSTEE OF THE WATKINS PENSION SCHEME

Created 31/01/2022Registered 02/02/2022

CompanyRankvs 39156+ SIC 64209 peers
30

Financial strength5th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 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.

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 30/09/2024

Net Worth

-£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£75k

Current Liabilities

£99k

Fixed Assets

£324

1avg. employees-1

Balance Sheet

Assets less current liabilities-£23k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76-£7k
20230.77
20221.04
20211.06

Derived from filed accounts. Not audited figures.