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Mip Trading 1975 Ltd

15763152

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

34 ROUNDHAY ROAD, LEEDS, LS7 1AB
Incorporated 05/06/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47721
47721

Officers

Mr Benjamin Raphael Buck

director · Since 05/06/2024

RETAILER

BRITISH · ENGLAND · Age 35

Also on 7 other boards

Mr Mehdi Mohamed Jawad Abdullah Al Abduwani

director · Since 15/12/2025

OMANI · OMAN · Age 62

Mr Muhammad Azhar Saeed

director · Since 15/12/2025

PAKISTANI · PAKISTAN · Age 47

Also on 24 other boards

Persons with Significant Control

123 Investments Ltd

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

34, Roundhay Road, Leeds, LS7 1AB

Reg: 06462732 · England · Private Limited Company

Notified 05/06/2024

Former PSCs

Mr John Patrick Bywater

Ceased 05/06/2024

Mr Stephen Andrew Buck

Ceased 01/07/2024

Charges1 outstanding

Charge
outstanding

TREYD AB

Created 22/07/2024Registered 23/07/2024

CompanyRankvs 2204+ SIC 47721 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 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.

Longevity2/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

-£2.8M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£2.9M

Working capital

Current Assets

£7.7M

Current Liabilities

£10.6M

Fixed Assets

£93k

Debtors

£3.6M

0avg. employees

Balance Sheet

Assets less current liabilities-£2.8M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20250.73

Derived from filed accounts. Not audited figures.