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Migo Ltd

14713533

active
Private Limited Company
england wales
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)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 07/03/2023

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/03/2026

Due 20/03/2027

On track

Industry

36000
Water collection, treatment and supply

Officers

Mr Mustaq Alli Patel

director · Since 07/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 6 other boards

Persons with Significant Control

Mr Mustaq Alli Patel

75–100% shares

British · England · Age 54

20-22, Wenlock Road, London, N1 7GU

Notified 07/03/2023

CompanyRankvs 1103+ SIC 36000 peers
31

Financial strength4th percentile among SIC peers · 1/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.8× · 6/20
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 strength1/25 pts

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

Employees6/15 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.

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 31/03/2025

Net Worth

-£100k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£399k

Current Liabilities

£498k

Fixed Assets

£270

1avg. employees

Balance Sheet

Total assets£399k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80-£33k
20240.87

Derived from filed accounts. Not audited figures.