Micro Credentials Systems Ltd
12246825
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/06/2024
DIRECTOR
CANADIAN · CANADA · Age 41
Also on 30 other boards
Persons with Significant Control
Former PSCs
Eden Holdings Bv
Ceased 07/10/2019
CompanyRankvs 24143+ SIC 85590 peers29
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
exists that may cast significant doubt on the company’s ability to continue as a going concern. It is also anticipated that the company will incur further losses but the company will have no obligation to meet any group liabilities until it is in financial position to do so. The company relies
Key FinancialsYear ending 31/05/2024
Net Worth
£100
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£75k
Working capital
Current Assets
—
Current Liabilities
£76k
Debtors
£1k
Balance Sheet