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Mi Foundation

11456912

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 9, CHALLENGE HOUSE, CROYDON, CR0 3AA
Incorporated 10/07/2018

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

85590
Other education
85600
Educational support services
88990
Other social work activities without accommodation

Officers

Dr Michael Ikumobasin

secretary · Since 10/07/2018

Dr Michael Oluwasanmi Ikumobasin

director · Since 10/07/2018

CHARTERED CERTIFIED ACCOUNTANT

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Dr Michael Oluwasanmi Ikumobasin

Significant control

British · England · Age 61

Unit 9, Challenge House, 616 Mitcham Road, Croydon, CR0 3AA

Notified 10/07/2018

CompanyRankvs 23313+ SIC 85590 peers
60

Financial strength59th percentile among SIC peers · 15/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
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.

Employees2/15 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.

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 31/07/2023

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£2k

Current Liabilities

£0

0avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2023Infinity+£765
2022Infinity
20210.86
20200.96

Derived from filed accounts. Not audited figures.