Midnight Studio Io Ltd
11677423
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/11/2018
SOFTWARE ENGINEER
BRITISH · UNITED KINGDOM · Age 40
Also on 1 other board
director · Since 14/11/2018
SOFTWARE ENGINEER
BRITISH · ENGLAND · Age 42
Also on 1 other board
Persons with Significant Control
Midnight Technology Group Limited
105, Netil House, 2 Westgate Street, London, E8 3RL
Reg: 15147247 · Companies House England And Wales · Private Company Limited By Shares
Notified 12/10/2023
Former PSCs
Mr Shaun Martyn Weaver
Ceased 12/10/2023
Mr Jonathan David Fagan
Ceased 12/10/2023
CompanyRankvs 27295+ SIC 62012 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£1k
Balance sheet strength
Cash
£50k
Cash in the bank
Net Current Assets
-£14k
Working capital
Current Assets
£151k
Current Liabilities
£165k
Fixed Assets
£15k
Debtors
£101k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.92 | -£16k |
| 2023 | 0.94 | -£15k |
| 2022 | 1.43 | +£2k |
| 2021 | 1.81 | -£5k |
| 2020 | 2.30 | +£20k |
| 2019 | 1.62 | — |
Derived from filed accounts. Not audited figures.