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Michaelnco Limited

14648939

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

137 ST. JAMES STREET, BOLTON, BL4 9RG
Incorporated 08/02/2023

Compliance

Last accounts

28/02/2024

micro entity

Next accounts due

30/11/2025

Overdue

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

56290
Other food service activities
69201
Accounting and auditing activities

Officers

Mr Michel Fotsing

director · Since 08/02/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Michel Fotsing

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

British · England · Age 46

137, St. James Street, Bolton, BL4 9RG

Notified 08/02/2023

CompanyRankvs 19263+ SIC 56290 peers
26

Financial strength15th percentile among SIC peers · 4/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity3/15 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 28/02/2024

Turnover

£650

Annual revenue

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£350

Working capital

Current Assets

£350

Current Liabilities

£13k

Fixed Assets

£4k

Profit After Tax

-£9k

0avg. employees

Balance Sheet

Assets less current liabilities£4k
Signed by 8.2.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.03

Derived from filed accounts. Not audited figures.