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Michaels Trading Limited

15353167

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

3-4 SUN STREET, CANTERBURY, CT1 2HX
Incorporated 15/12/2023

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/11/2025

Due 12/12/2026

On track

Industry

10831
Tea processing
46370
Wholesale of coffee, tea, cocoa and spices
47250
Retail sale of beverages in specialised stores
56102
Unlicensed restaurants and cafes

Officers

Ms Sevim Rachel Michaels

director · Since 15/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Persons with Significant Control

Ms Sevim Rachel Michaels

50–75% shares
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes
voting-rights-50-to-75-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 62

3-4, Sun Street, Canterbury, CT1 2HX

Notified 15/12/2023

Former PSCs

Mr Nicholas Michaels-Cobb

Ceased 01/11/2024

CompanyRankvs 178+ SIC 10831 peers
36

Financial strength7th percentile among SIC peers · 2/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.28× · 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 strength2/25 pts

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

Employees14/15 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 31/12/2025

Net Worth

-£80k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£95k

Working capital

Current Assets

£37k

Current Liabilities

£131k

Fixed Assets

£26k

Debtors

£9k

11avg. employees

Tax at Year End

VAT£87k

Balance Sheet

Assets less current liabilities-£69k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.28-£34k£1.7M
20240.15—£746k

Derived from filed accounts. Not audited figures.