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Migan Hospitality Ltd

12836060

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

83 HIGH STREET, WARE, SG12 9AD
Incorporated 25/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mrs Kelly Migan

secretary · Since 25/08/2020

Mr John Migan

director · Since 25/08/2020

PUBLICAN

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr John Migan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 60

83, High Street, Ware, SG12 9AD

Notified 25/08/2020

CompanyRankvs 10136+ SIC 56302 peers
52

Financial strength58th percentile among SIC peers · 14/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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10136Migan Hospitality Ltd
48
How is this score calculated?
Financial strength14/25 pts

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

Employees11/15 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.

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 28/08/2024

Net Worth

£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£33k

Current Liabilities

£39k

Fixed Assets

£11k

10avg. employees+1

Balance Sheet

Assets less current liabilities£5k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85-£714
20230.91—

Derived from filed accounts. Not audited figures.