Back to search

Myspike Ltd

11690776

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

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT J, ABBEYGATE BUSINESS CENTRE, LUTON, LU2 0ER
Incorporated 22/11/2018

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

25710
Manufacture of cutlery
25990
Manufacture of other fabricated metal products
46499
46499

Officers

Mrs Veebha Parmar-Rahman

director · Since 22/11/2018

FOUNDER

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mrs Veebha Parmar-Rahman

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

British · United Kingdom · Age 51

Unit J, Abbeygate Business Centre, Hitchin Road, Luton, LU2 0ER

Notified 22/11/2018

CompanyRankvs 47+ SIC 25710 peers
51

Financial strength3th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.69× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 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 30/11/2024

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£20k

Current Liabilities

£4k

Fixed Assets

£951

1avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.69-£8k
20237.68+£5k
20222.10-£31k
20213.76+£857
20201.40+£14k
20190.32

Derived from filed accounts. Not audited figures.