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Midyeci Limited

12648627

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

505 KINGSLAND ROAD, LONDON, E8 4AU
Incorporated 05/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Alper Ergin

director · Since 05/06/2020

BUSINESS MAN

BRITISH · ENGLAND · Age 40

Mr Hakan Manavoglu

director · Since 01/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Persons with Significant Control

Mr Alper Ergin

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

British · England · Age 40

5 Courtnell Street, Paddington, W2 5BU

Notified 05/06/2020

Mr Hakan Manvoglu

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

Bulgarian · England · Age 34

505, Kingsland Road, London, E8 4AU

Notified 01/01/2023

CompanyRankvs 7359+ SIC 56102 peers
55

Financial strength88th percentile among SIC peers · 22/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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7359Midyeci Limited
55
How is this score calculated?
Financial strength22/25 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.

Longevity6/15 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 31/07/2024

Net Worth

£50k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£14k

Current Liabilities

£38k

Fixed Assets

£9k

Profit After Tax

£29k

5avg. employees

Tax at Year End

Corp tax£6

Balance Sheet

Assets less current liabilities-£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.36+£0
20230.16—
20220.21—
20211.59—

Derived from filed accounts. Not audited figures.