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Mikel Construction Ltd

11130384

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

21 QUEEN STREET, LONDON, N17 8HX
Incorporated 03/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Mikel Titi

director · Since 03/01/2018

BUILDER

GREEK · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Mikel Titi

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

Greek · United Kingdom · Age 41

6, Altair Close, London, N17 0BW

Notified 03/01/2018

CompanyRankvs 3442+ SIC 43390 peers
78

Financial strength84th percentile among SIC peers · 21/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.28× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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3442Mikel Construction Ltd
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£60k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£60k

Working capital

Current Assets

£107k

Current Liabilities

£47k

4avg. employees+1

Balance Sheet

Assets less current liabilities£60k
Signed by 1.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20252.28+£36k
20242.36+£23k
20235.07-£3k
20223.92+£18k
20210.64—

Derived from filed accounts. Not audited figures.