Michels Ventures 2 Limited
10798692
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2025
group
Next accounts due
30/09/2027
Confirmation statement
Last: 31/05/2026
Due 14/06/2027
Industry
Officers
director · Since 01/06/2017
CHAIRMAN
BRITISH · ENGLAND
Also on 3 other boards
secretary · Since 10/04/2019
secretary · Since 10/04/2019
Former
corporate secretary · Resigned 10/04/2019
Persons with Significant Control
London And Regional Group Property Holdings Ltd
Notified 21/12/2018
Former PSCs
David Michael Charles Michels
Ceased 01/08/2017
London & Regional Group Trading No 3 Ltd
Ceased 21/12/2018
Charges2 outstanding
METRO BANK PLC
METRO BANK PLC
Change History
Active
Private Limited Company
71-75 SHELTON STREET
LONDON
CompanyRankvs 3362+ SIC 55100 peers39
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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
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 going concern are d
Key FinancialsYear ending 31/12/2025
Net Worth
-£5.7M
Balance sheet strength
Cash
£140k
Cash in the bank
Net Current Assets
£5.6M
Working capital
Current Assets
£6.8M
Current Liabilities
£1.2M
Fixed Assets
£11.7M
Debtors
£6.7M
Profit After Tax
£2.4M
Tax at Year End(2024)
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.46 | -£2.3M |
| 2024 | 0.61 | -£347k |
| 2023 | 0.78 | — |
Derived from filed accounts. Not audited figures.