Mitul Ltd
12975641
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/10/2020
MARKETING CONSULTANT
BRITISH · ENGLAND · Age 37
Also on 1 other board
director · Since 26/10/2020
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 40
Also on 5 other boards
Persons with Significant Control
Mr Mitul Jagdishkumar Patel
British · England · Age 40
45, Ashmore Grove, Welling, DA16 2RX
Notified 26/10/2020
Ms Ruhi Harish Joshi
British · England · Age 37
45, Ashmore Grove, Welling, DA16 2RX
Notified 26/10/2020
Charges1 outstanding
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 112131+ SIC 68100 peers28
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£72k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£172k
Working capital
Current Assets
£27k
Current Liabilities
£199k
Fixed Assets
£100k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.13 | -£21k |
| 2023 | 0.01 | -£39k |
| 2022 | 0.09 | — |
| 2021 | 0.97 | — |
Derived from filed accounts. Not audited figures.