# M1 247 LTD (08967447)

> M1 247 LTD is an active private limited company (company number 08967447) incorporated on 31 March 2014, registered in Barking. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£13k and cash of £87k, with 1 employee on average. Net assets rose 35% on the prior period (−£19k).

- Status: Active
- Incorporated: 2014-03-31
- Registered office: Barking, IG11 0AT
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,707 comparable companies in Greater London (median £1,900, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£13k | £87k | £3,870 | £44k | — | — | 1 |
| 2024-03-31 | −£19k | £74k | £610 | £38k | — | — | 1 |

current ratio 2.21; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-12,549 at 31 March 2025
- Net assets up 10% or more on the prior period: +35.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.21
- Cash at bank of £50,000 or more: Cash £87,443
- Incorporated five or more years ago: Incorporated 31 March 2014

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Mohammed Ibrahim — has significant influence or control, since 2017-03-31

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08967447
HTML: https://firmoscan.com/company/08967447-m1-247-ltd