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Mega Business World Ltd

11491538

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

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

Details

UNIT 10, MIDDLETON, M24 2HD
Incorporated 31/07/2018

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 14/04/2026

Due 28/04/2027

On track

Industry

46180
Agents specialised in the sale of other particular products
50200
Sea and coastal freight water transport
51210
Freight air transport
69109
Activities of patent and copyright agents; other legal activities

Officers

Karatu Services

director · Since 09/10/2020

Persons with Significant Control

Karatu Services

25–50% shares
25–50% votes

2, Clifford Way, London, NW10 1AN

Notified 09/10/2020

Former PSCs

Professor Apostle Gideon Nyameke Appahoh

Ceased 11/06/2024

Apostle Gideon Appahoh

Ceased 09/10/2020

Mr Baruchgideon Appahoh

Ceased 04/03/2026

Insolvency History1 case

compulsory liquidation22/04/2026

The Official Receiver Or Manchester (practitioner)

CompanyRankvs 445+ SIC 46180 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.47× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Risk deductions

Insolvency history: -10 pts

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

£6.4M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3.1M

Working capital

Current Assets

£5.2M

Current Liabilities

£2.1M

Fixed Assets

£4.4M

6avg. employees

Balance Sheet

Assets less current liabilities£7.5M
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20232.47

Derived from filed accounts. Not audited figures.