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Myit Core Ltd

12261005

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O 41 GREEK STREET, STOCKPORT, SK3 8AX
Incorporated 14/10/2019

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 16/12/2024

Due 30/12/2025

Overdue

Industry

62020
Information technology consultancy activities

Officers

Mr Alan Carl Scholes

director · Since 14/10/2019

I.T. CONSULTANT

BRITISH · WALES · Age 68

Also on 1 other board

Persons with Significant Control

Mr Alan Carl Scholes

75–100% shares

British · Wales · Age 68

20-22, Wenlock Road, London, N1 7GU

Notified 14/10/2019

Insolvency History1 case

creditors voluntary liquidation27/08/2025

Janet Frances Mary Mayo (practitioner) · Andrew Bland (practitioner)

CompanyRankvs 15+ SIC 62020 peers
18

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

-£38k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£149

Working capital

Current Assets

£401

Current Liabilities

£550

Debtors

£401

1avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities-£149
Signed by Mr Alan Scholes 13 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£0
20230.99

Derived from filed accounts. Not audited figures.