Back to search

Mib International Construction Ltd

10881522

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)
  • Negative net worth (-10)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 62596+ SIC 41100 peers
38

Financial strength9th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio -1.63× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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 30/12/2023

Net Worth

-£42k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£117k

Working capital

Current Assets

£73k

Current Liabilities

-£45k

Fixed Assets

£210k

Debtors

£71k

2avg. employees

Director Loans(2022)

Company owes directors£811
Directors owe company£540

Balance Sheet

Assets less current liabilities£327k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.63-£1k
20220.01-£4k
2021+£0
2020-£1k
2019-£68k
2018-0.02

Derived from filed accounts. Not audited figures.