MI FINANCE LTD

Active
Company number 12074199Private limited companyIncorporated 2019

Key figures

£28,475+267.8%
Net assets 2024/25
+202.3%
Average annual growth 2020/21–2024/25
010 k20 k30 k2020/212021/222022/232023/242024/25

Like most small UK companies, MI FINANCE LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 66190

Where the company stands among the 7,621 active companies whose first SIC code is 66190 (Activities auxiliary to financial intermediation n.e.c.).

Net assets£28,475
Higher than 55% · median £17,539
Total assets£60,393
Lower than 52% · median £64,652
Employees3
Higher than 75% · median 1
Company age7.4 years
Younger than 54% · median 8.3 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 7,621. The line on each bar marks the median.

Summary: MI FINANCE LTD

What kind of company is it?

MI FINANCE LTD is a private limited company registered with Companies House under company number 12074199. It was incorporated on 28 Jun 2019. Its status is active. The registered office is in Birmingham (B28). Its nature of business (SIC 2007) is activities auxiliary to financial intermediation n.e.c. (66190).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Jun 2025); the company files micro-entity accounts. Net assets were £28,475, up 267.8% on the previous year. The company had an average of 3 employees. Figures are available for 5 financial years (2020/21–2024/25).

How does it compare with similar companies?

Compared with 7,621 active companies whose first SIC code is 66190: By net assets it ranks higher than 55% of them (median £17,539). By total assets it ranks lower than 52% of them (median £64,652). By number of employees it ranks higher than 75% of them (median 1). It is younger than 54% of them (median age 8.3 years).

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Mar 2027. The next confirmation statement is due by 11 Jul 2027.

Filed accounts2020/21–2024/25
2020/212021/222022/232023/242024/25
Total assets69,56061,30755,82750,51460,393
Total liabilities—————
Net assets / total equity3412,22211,1617,74328,475
Average number of employees22223

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

12 events
  1. Financial year 2024/25 endedAccounts: net assets £28.5k, 3 employees
  2. Shagufta SALEEM resignedDirector
  3. Mrs Shagufta Saleem ceased to be a person with significant control
  4. Financial year 2023/24 endedAccounts: net assets £7,743, 2 employees
  5. Financial year 2022/23 endedAccounts: net assets £11.2k, 2 employees
  6. Financial year 2021/22 endedAccounts: net assets £2,222, 2 employees
  7. Financial year 2020/21 endedAccounts: net assets £341, 2 employees
  8. Mohammed Muzaffer IQBAL appointedDirector
Earlier events (4)
  1. Shagufta SALEEM appointedDirector
  2. Mr Mohammed Muzaffer Iqbal registered as a person with significant control
  3. Mrs Shagufta Saleem registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.