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Mig Engineering Solutions Ltd

11409827

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

THATCHERS CHURCH STREET, BANBURY, OX15 4ET
Incorporated 12/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production
74100
Specialised design activities

Officers

Mr Mark Ivor Gilmore

director · Since 12/06/2018

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Mark Ivor Gilmore

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

British · United Kingdom · Age 55

Thatchers, Church Street, Banbury, OX15 4ET

Notified 12/06/2018

CompanyRankvs 7793+ SIC 71121 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees13th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength2/25 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.

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 30/06/2025

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

Current Liabilities

-£30k

0avg. employees

Balance Sheet

Assets less current liabilities-£16k
Signed by Mark Ivor Gilmore

EstimatesDerived

YearImplied Profit
2025-£1k
2024-£1k

Derived from filed accounts. Not audited figures.