Company Overview
Mi Storage Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 29 July 2020. Mi Storage Ltd has been in business for 5 years and 8 months. The accounts status is total exemption full and the accounts are next due on Saturday 31 October 2026.
Registered Address

Hammond Farm Whaddon Road, Newton Longville, Milton Keynes, MK17 0AU
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Companies House Data
Company NameMI STORAGE LTD
Company Number12777326
Registered Office AddressHammond Farm Whaddon Road
 Newton Longville
 MK17 0AU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/07/2020
Accounting Reference Date Day31
Accounting Reference Date Month1
Accounts Next Due Date31/10/2026
Accounts Last Made Up Date31/01/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date26/08/2021
Previous Company NameChanged Date
MK SELF STORE (WOLVERTON) LTD09 Feb 2023
Directors & Members
Show Resigned
Simon Varlow - Director
(British, 46 years old, born March 1980)
Appointed 19 November 2020
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Balance Sheet
Fixed Assets 82,491 82,491 60,979
Current Assets 87,779 87,779 28,947
Creditors Due Within One Year 69,439 69,439 45,820
Working Cap 18,340 18,340 -16,873
Total Assets Less Current Liabilities 100,831 100,831 44,106
Long-term Liabilities 0 0 0
Net Assets 100,831 100,831 44,106
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 100,831 100,831 44,106
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Tangible Fixed Assets - - -
Fixed Assets 48.4% 48.4% 67.8%
Stocks Inventory - - -
Debtors 28.6% 28.6% 19.7%
Cash Bank In Hand 22.9% 22.9% 12.5%
Current Assets 51.6% 51.6% 32.2%
Creditors Due Within One Year 40.8% 40.8% 51.0%
Net Current Assets Liabilities 10.8% 10.8% -18.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 59.2% 59.2% 49.0%
Capital Employed - - -
Total Assets Less Current Liabilities 59.2% 59.2% 49.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Liquidity Ratio 1.3 1.3 0.6
Solvency Ratio 2.5 2.5 2.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Assets 170,270 170,270 89,926
Debt 69,439 69,439 45,820
Net Assets/Debt 100,831 100,831 44,106

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around MK17 0AU
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22 Taylors Mews, Neath Hill, Milton Keynes, MK17 0AU
WATER EATON MANAGEMENT COMPANY LIMITED
16 HIGHLAND CLOSE, BLETCHLEY, MILTON KEYNES, BUCKS, MK17 0AU
Document Filings
Confirmation statement made on 13 March 2026 with no updates
Confirmation statement made on 13 March 2025 with no updates
Confirmation statement made on 13 March 2024 with updates
Notification of Provan Fiona Flanagan as a person with significant control on 8 March 2023
Director's details changed for Mr Simon Neville Varlow on 1 March 2024
Confirmation statement made on 13 March 2023 with updates
Certificate of change of name
Director's details changed for Mr Simon Neville Varlow on 1 October 2022
Termination of appointment of Leslie Charles Flanagan as a director on 28 October 2022
Cessation of Lesley Charles Flanagan as a person with significant control on 1 November 2022
Confirmation statement made on 28 July 2022 with no updates
Confirmation statement made on 28 July 2021 with updates
Cessation of Michael Ian Dunn as a person with significant control on 19 November 2020
Notification of Simon Neville Varlow as a person with significant control on 19 November 2020
Notification of Lesley Charles Flanagan as a person with significant control on 19 November 2020
Previous accounting period shortened from 31 July 2021 to 31 January 2021
Registered office address changed from Manor Farm Whaddon Road Newton Longville Milton Keynes MK17 0AU England to Hammond Farm Whaddon Road Newton Longville Milton Keynes MK17 0AU on 19 August 2021
Appointment of Mr Leslie Charles Flanagan as a director on 19 November 2020
Appointment of Mr Simon Neville Varlow as a director on 19 November 2020
Termination of appointment of Michael Ian Dunn as a director on 19 November 2020

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