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Mig Transport Ltd

12034328

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

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

Details

KIELDER SQUARE 84, SALFORD, M5 4UW
Incorporated 05/06/2019

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 04/06/2025

Due 18/06/2026

On track

Industry

49410
Freight transport by road

Officers

Yavor Dragomirov Iliev

director · Since 05/06/2019

MANAGING DIRECTOR

BULGARIAN · UNITED KINGDOM · Age 42

Valentin Valentinov Mehandzhiev

director · Since 05/06/2019

COMPANY DIRECTOR

BULGARIAN · UNITED KINGDOM · Age 44

Persons with Significant Control

Yavor Dragomirov Iliev

25–50% shares
25–50% votes
Appoint directors

Bulgarian · United Kingdom · Age 42

Kielder Square 84, Eccles New Road, Salford, M5 4UW

Notified 05/06/2019

Valentin Valentinov Mehandzhiev

25–50% shares
25–50% votes
Appoint directors

Bulgarian · United Kingdom · Age 44

248, Garforth Street, Oldham, OL9 6RG

Notified 05/06/2019

Charges1 outstanding

A registered charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 28/01/2020Registered 24/06/2026Satisfied 24/06/2026
Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 28/01/2020Registered 17/02/2020

CompanyRankvs 21899+ SIC 49410 peers
44

Financial strength66th percentile among SIC peers · 17/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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21899Mig Transport Ltd
50
How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 30/06/2025

Net Worth

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£46k

Current Liabilities

£54k

Fixed Assets

£17k

2avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86+£0
20250.86-£11k
20241.01+£9k
20230.75-£6k
20221.23+£5k
20211.15+£21k
20200.75—

Derived from filed accounts. Not audited figures.