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Mydea Limited

13333190

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

10 BLUE SKY WAY, MONKTON BUSINESS PARK, TYNE AND WEAR, NE31 2EQ
Incorporated 14/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62012
Business and domestic software development
63120
Web portals

Officers

Mr David Stewart John Winton

director · Since 14/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 4 other boards

Mr Mark Nwafor Anichebe Adv Msc Mba Bsc

director · Since 20/01/2026

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Mr Paul Comerford

director · Since 20/01/2026

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Persons with Significant Control

Mr Mark Nwafor Anichebe

50–75% shares
50–75% votes
Appoint directors

British · England · Age 62

10, Blue Sky Way, Monkton Business Park, Tyne And Wear, NE31 2EQ

Notified 14/04/2021

CompanyRankvs 8032+ SIC 58290 peers
18

Financial strength9th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8032Mydea Limited
24
How is this score calculated?
Financial strength2/25 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.

Longevity5/15 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

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

Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 30/04/2025

Net Worth

-£23k

Balance sheet strength

Cash

£322

Cash in the bank

Net Current Assets

-£391

Working capital

Current Assets

£442

Current Liabilities

£833

Debtors

£120

Director Loans

Company owes directors£84

Balance Sheet

Assets less current liabilities-£391
Signed by Mr David Winton 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.53-£2k
20240.05-£1k
20230.03-£15k
20220.01—

Derived from filed accounts. Not audited figures.