Back to search

Micanite Limited

12015133

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

1 Betts Mews, London, E17 8PQ
Incorporated 23/05/2019

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/06/2026

Due 13/07/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Terence Charles Hughes

director · Since 23/05/2019

DIRECTOR

IRISH · ENGLAND · Age 58

Also on 4 other boards

Mr David Hugh Wilson

director · Since 01/07/2019

DIRECTOR

BRITISH · SCOTLAND · Age 55

Also on 11 other boards

Mr Christian Krauss

director · Since 01/07/2019

DIRECTOR

GERMAN · ENGLAND · Age 55

Also on 1 other board

Mr Edward Duncan Barton Yardley

director · Since 20/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 67

Mr Duncan Edward Yardley

director · Since 20/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 67

Terence Charles Hughes

director · Since 23/05/2019

Irish · England · Age 58

David Hugh Wilson

director · Since 01/07/2019

British · Scotland · Age 55

Christian Krauss

director · Since 01/07/2019

German · England · Age 55

Edward Duncan Barton Yardley

director · Since 20/07/2022

British · England · Age 67

Persons with Significant Control

Mr Terence Charles Hughes

25–50% shares
25–50% votes

Irish · England · Age 58

1, Betts Mews, London, E17 8PQ

Notified 23/05/2019

Panoramic Growth Equity (Gp2) Llp

50–75% shares
50–75% votes
Appoint directors

36, Old Jewry, London, EC2V 6EB

Reg: Oc401869 · Companies House · Limited Liability Partnership

Notified 01/07/2019

Charges1 outstanding

Charge
outstanding

PANORAMIC GROWTH FUND 2 LP AS SECURITY TRUSTEE

Created 01/07/2019Registered 04/07/2019

Change History

statusactive
2026-07-15

Active

typeltd
2026-07-15

Private Limited Company

address line11 Betts Mews
2026-07-15

1 BETTS MEWS

post townLondon
2026-07-15

LONDON

CompanyRankvs 12004+ SIC 32990 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£990k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£343k

Working capital

Current Assets

£172k

Current Liabilities

£515k

Fixed Assets

£2.6M

Debtors

£172k

4avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33-£238k
20240.16-£237k
20230.09

Derived from filed accounts. Not audited figures.