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Michael Spires Limited

11016837

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1ST FLOOR, HODDESDON, EN11 8TL
Incorporated 17/10/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 16/10/2025

Due 30/10/2026

On track

Industry

41100
Development of building projects

Officers

Mr Michael Spires

director · Since 17/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Mr Jack Richard Harvey

director · Since 26/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 21 other boards

Persons with Significant Control

Mr Michael Spires

75–100% shares
75–100% votes
Appoint directors

British · England · Age 37

Manor Wood, Pembridge Lane, Broxbourne, EN10 7QR

Notified 17/10/2017

Charges1 outstanding

Charge
outstanding

WEST ONE DEVELOPMENT FINANCE LIMITED

Created 24/05/2024Registered 14/06/2024

CompanyRankvs 69983+ SIC 41100 peers
12

Financial strength23th percentile among SIC peers · 6/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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69983Michael Spires Limited
31
How is this score calculated?
Financial strength6/25 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.

Liquidity0/20 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

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

and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compa

Key FinancialsYear ending 31/10/2024

Net Worth

£1

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

£1

Working capital

Current Assets

£1

Current Liabilities

—

0avg. employees
Signed by Mr M Spires,Prepared with IRIS Elements Accounts Production