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Mib International Construction Ltd

10881522

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

UNIT 3, CARDIFF, CF23 9AF
Incorporated 25/07/2017

Compliance

Last accounts

30/12/2023

total exemption full

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 24/07/2025

Due 07/08/2026

On track

Industry

41100
Development of building projects

Officers

Mr Colin Mckenzie

director · Since 22/04/2021

DIRECTOR

BRITISH · WALES · Age 58

Also on 1 other board

Persons with Significant Control

Mr James Cory Beau Mckenzie

25–50% shares
25–50% votes

British · Wales · Age 32

Unit 3, Rhymney River Bridge Road, Cardiff, CF23 9AF

Notified 25/07/2017

Former PSCs

Mr Lyn Milton Davies

Ceased 06/04/2023

CompanyRankvs 68985+ SIC 41100 peers
35

Financial strength12th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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68985Mib International Construction Ltd
31
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.

Employees2/15 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 31/12/2024

Net Worth

-£21k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£178k

Working capital

Current Assets

£198k

Current Liabilities

£375k

Fixed Assets

£158k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£20k
Prepared with v2026.26.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53+£21k
20231.63—

Derived from filed accounts. Not audited figures.