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M L Academy Ltd

12084061

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

71 BEDFORD ROAD, READING, RG1 7EY
Incorporated 03/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46510
Wholesale of computers, computer peripheral equipment and software

Officers

Mr Lukas Reeves

director · Since 03/07/2019

EMEA SALES CONSULTANT

ENGLISH · UNITED KINGDOM · Age 40

Mr Michael James Wenn

director · Since 03/07/2019

EMEA SALES CONSULTANT

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Michael James Wenn

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

British · England · Age 43

71, Bedford Road, Reading, RG1 7EY

Notified 03/07/2019

Former PSCs

Mr Lukas Reeves

Ceased 18/12/2020

CompanyRankvs 1787+ SIC 46510 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio -0.27× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

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

-£393k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£398k

Working capital

Current Assets

-£84k

Current Liabilities

£314k

Fixed Assets

£6k

Debtors

-£100k

16avg. employees

Tax at Year End

VAT£148k

Balance Sheet

Assets less current liabilities-£392k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2024-0.27-£40k£3.0M
2023-0.13-£328k£3.0M
20220.88-£349k£4.2M
20211.45-£100k
20202.25

Derived from filed accounts. Not audited figures.