# MICANITE LIMITED (12015133)

> MICANITE LIMITED is an active private limited company (company number 12015133) incorporated on 23 May 2019, registered in London. Its registered activity is other manufacturing n.e.c. (SIC 32990). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£990k, with 4 employees on average. Net assets fell 32% on the prior period (−£752k).

- Status: Active
- Incorporated: 2019-05-23
- Registered office: London, E17 8PQ
- SIC 32990: Other manufacturing n.e.c.
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-06-06
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 1,081 comparable companies in London (median £330, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£990k | — | — | £515k | — | — | 4 |
| 2024-03-31 | −£752k | — | — | £515k | — | — | 4 |

current ratio 0.33; size band micro.

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

- Net assets below zero: Net assets £-989,790 at 31 March 2025
- Net assets down 25% or more on the prior period: -31.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.33
- Incorporated five or more years ago: Incorporated 23 May 2019

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

## Persons with significant control

- Mr Terence Charles Hughes — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-05-23
- Panoramic Growth Equity (Gp2) Llp (corporate-entity) — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2019-07-01

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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/12015133
HTML: https://firmoscan.com/company/12015133-micanite-limited