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Micro Development Industries Ltd

14255998

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

HALE HOUSE, LONDON, N13 5TW
Incorporated 26/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
70229
Management consultancy activities
71122
Engineering related scientific and technical consulting activities
71200
Technical testing and analysis

Officers

Mr Muhammed Mussadiq

director · Since 17/04/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Muhammed Mussadiq

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

British · England · Age 55

Hale House, 296 Green Lanes, London, N13 5TW

Notified 01/01/2025

Former PSCs

Ms Sanaa Rajput

Ceased 01/08/2023

Mr Elliot Stewart Bristow

Ceased 01/01/2025

CompanyRankvs 26687+ SIC 41202 peers
55

Financial strength56th percentile among SIC peers · 14/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.11× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

£4k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£14k

Current Liabilities

£3k

Fixed Assets

£43k

Debtors

£1k

0avg. employees-3

Balance Sheet

Assets less current liabilities£54k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.11+£15
20234.76

Derived from filed accounts. Not audited figures.