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Miminat Designs Limited

11391605

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)
  • Current liabilities exceed current assets (-10)

Details

56 ABBEY GARDENS, LONDON, NW8 9AT
Incorporated 31/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Ms Memunat Olabukola Ajoke Shodeinde

director · Since 31/05/2018

DESIGNER

BRITISH · ENGLAN · Age 32

Persons with Significant Control

Ms Memunat Olabukola Ajoke Shodeinde

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

British · England · Age 32

Kalculus, 119 Marylebone Road, London, NW1 5PU

Notified 22/08/2023

CompanyRankvs 14053+ SIC 74100 peers
59

Financial strength59th percentile among SIC peers · 15/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.84× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees5/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/05/2024

Net Worth

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£112k

Current Liabilities

£61k

Fixed Assets

£1k

1avg. employees

Tax at Year End(2023)

Corp tax£8k
VAT£5k

Director Loans(2023)

Company owes directors£3k

Balance Sheet

Assets less current liabilities£52k
Signed by Ms Memunat Shodeinde 22 October 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.84-£7k
20231.25£98k

Derived from filed accounts. Not audited figures.