Company Overview
Michael Else And Company Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 28 December 1977, so this is a well established company. Michael Else And Company Limited has been in business for 48 years and 3 months. The accounts status is small and the accounts are next due on Wednesday 31 December 2025.
Registered Address

65 Leadenhall Street, London, EC3A 2AD
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Companies House Data
Company NameMICHAEL ELSE AND COMPANY LIMITED
Company Number01345933
Registered Office Address65 Leadenhall Street
 London
 EC3A 2AD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/12/1977
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date31/03/2024
Accounts Account CategorySMALL
Returns Next Due Date02/09/2016
Returns Last Made Up Date05/08/2015
Directors & Members
Show Resigned
Christopher Else - Director
(British, 62 years old, born October 1964)
Thomas Hillier - Director
(British, 47 years old, born June 1979)
Appointed 15 July 2025
 Active
Robert Mutucumarana - Director
(British, 45 years old, born July 1981)
Appointed 11 July 2025
 Active
Gavin Ritchie - Director
(British, 55 years old, born September 1971)
Appointed 06 March 2012
 Active
Edward Turner - Director
(British, 60 years old, born March 1966)
Appointed 01 February 2019
 Active
Lee Wilson - Director
(British, 56 years old, born October 1970)
Appointed 01 June 2007
 Active
Secretaries
Show Resigned
Lee Wilson - Secretary
(British)
Appointed 31 August 2001
 Active
Other Company Directorships
Christopher Else
CHARTERERS MUTUAL ASSURANCE ASSOCIATION LIMITED(THE)
MICHAEL ELSE AND COMPANY HOLDINGS LIMITED
PORTSIDE INSURANCE MANAGEMENT SERVICES LTD
SABRE MARINE CHARTERING LIMITED
SPECIALIST TRAVEL (LUXURY) LIMITED
THE MECO GROUP LIMITED
Thomas Hillier
MICHAEL ELSE AND COMPANY HOLDINGS LIMITED
THE MECO GROUP LIMITED
Robert Mutucumarana
ACCOUNTAX LAW LTD
ACCTX CONSULTING LIMITED
ACCTX UK LIMITED
MICHAEL ELSE AND COMPANY HOLDINGS LIMITED
THE MECO GROUP LIMITED
Gavin Ritchie
THE MECO GROUP (EEA) GMBH - UK BRANCH
THE MECO GROUP LIMITED
Edward Turner
MERRYSTEM FLAT MANAGEMENT LIMITED
THE MECO GROUP (EEA) GMBH - UK BRANCH
THE MECO GROUP LIMITED
TRUE NORTH GLOBAL LTD
Lee Wilson
CHARTERERS MUTUAL ASSURANCE ASSOCIATION LIMITED(THE)
MICHAEL ELSE AND COMPANY HOLDINGS LIMITED
PORTSIDE INSURANCE MANAGEMENT SERVICES LTD
SABRE MARINE CHARTERING LIMITED
SPECIALIST TRAVEL (LUXURY) LIMITED
THE MECO GROUP (EEA) GMBH - UK BRANCH
THE MECO GROUP LIMITED
TRUE NORTH GLOBAL LTD
XANADU STUD LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2015 31-Mar-2014
Balance Sheet
Fixed Assets 30,031 30,031 20,253
Current Assets 7,656,501 7,656,501 5,780,909
Creditors Due Within One Year 5,257,986 5,257,986 3,436,994
Working Cap 2,398,515 2,398,515 2,343,915
Total Assets Less Current Liabilities 2,428,546 2,428,546 2,364,168
Long-term Liabilities 0 0 0
Net Assets 2,428,546 2,428,546 2,364,168
Share Capital & Reserves
Share Cap 42,060 42,060 42,060
Profit & Loss Reserves 2,386,486 2,386,486 2,322,108
Other Reserves 0 0 0
Shareholders Funds 2,428,546 2,428,546 2,364,168
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2015 31-Mar-2014
Tangible Fixed Assets - - -
Fixed Assets 0.4% 0.4% 0.3%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 30.2% 30.2% 23.6%
Cash Bank In Hand 1.7% 1.7% 1.8%
Current Assets 99.6% 99.6% 99.7%
Creditors Due Within One Year 68.4% 68.4% 59.2%
Net Current Assets Liabilities 31.2% 31.2% 40.4%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 31.6% 31.6% 40.8%
Called Up Share Capital 0.5% 0.5% 0.7%
Share Capital Allotted Called Up Paid 0.5% 0.5% 0.7%
Profit Loss Account Reserve 31.0% 31.0% 40.0%
Shareholder Funds 31.6% 31.6% 40.8%
Capital Employed - - -
Total Assets Less Current Liabilities 31.6% 31.6% 40.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2015 31-Mar-2014
Liquidity Ratio 1.5 1.5 1.7
Solvency Ratio 1.5 1.5 1.7
Reserves to Assets 0.3 0.3 0.4
Secured Creditors Unlock full report
Mortgages Charges 9
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 8
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2015 31-Mar-2014
Assets 7,686,532 7,686,532 5,801,162
Debt 5,257,986 5,257,986 3,436,994
Net Assets/Debt 2,428,546 2,428,546 2,364,168

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
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GIVINGWORKS
65 Leadenhall Street, London, EC3A 2AD
GOLDBERG SEGALLA GLOBAL LLP
1st Floor 65 Leadenhall Street, London, EC3A 2AD
PULSA X LIMITED
Second Floor (61-66) 65 London Wall, London, EC3A 2AD
THE GARDEN TOMB (JERUSALEM) ASSOCIATION
Upper Ground Floor, 18 Farnham Road, Guildford, Surrey, EC3A 2AD
MICHAEL ELSE AND COMPANY HOLDINGS LIMITED
65 Leadenhall Street, London, EC3A 2AD
VFX FINANCIAL PLC
DUKES HOUSE, 32 - 38 DUKES PLACE, LONDON, EC3A 2AD
GOLDBERG SEGALLA LIMITED
1st Floor 65 Leadenhall Street, London, EC3A 2AD
Document Filings
Current accounting period shortened from 31 March 2026 to 31 December 2025
Registered office address changed from 65 Leadenhall Street London EC3A 2AD to 20 Fenchurch Street London EC3M 3AZ on 21 October 2025
Confirmation statement made on 3 August 2025 with updates
Appointment of Mr Thomas James Hillier as a director on 15 July 2025
Appointment of Mr Robert Simon Arthur Mutucumarana as a director on 11 July 2025
Confirmation statement made on 3 August 2024 with no updates
Termination of appointment of Michael Else as a director on 19 June 2024
Confirmation statement made on 3 August 2023 with no updates
Director's details changed for Christopher James Else on 22 May 2023
Director's details changed for Mr Michael Else on 23 May 2023
Confirmation statement made on 5 August 2022 with no updates
Confirmation statement made on 5 August 2021 with no updates
Termination of appointment of Justin Mark Thomas Skinner as a director on 24 May 2021
Confirmation statement made on 5 August 2020 with no updates
Confirmation statement made on 5 August 2019 with no updates
Director's details changed for Mr Lee Kenneth Wilson on 1 March 2019
Termination of appointment of Barrie Reginald John Whipp as a director on 12 July 2019
Termination of appointment of Richard Bokszczanin as a director on 29 March 2019
Appointment of Mr Edward Paul Turner as a director on 1 February 2019
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