MI 1 LTD

Company number 07339589 · Active

MI 1 LTD is a private limited company registered in MORECAMBE, United Kingdom, incorporated on 9 Aug 2010. Its registered activity is licensed restaurants. Its latest published accounts for the period ending 31 Oct 2025 show equity of −£16k, total assets of £49k. It has filed 7 sets of accounts, 4 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent

Lowers the risk

Region0.1×LA · 0.01 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
07339589 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Aug 2010 (16 years)
Registered address
LA3 2BJ MORECAMBE
Postcode area
Lancaster
Activity
56101 Licensed restaurants
Industry
Food and beverage service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Jul 2026– –−£16k£49k £20k£3,9956
31 Oct 202415 Jul 2025– –−£15k£50k £12k£1,9006
31 Oct 202315 Jul 2024– –−£16k£54k £11k£1,4366
31 Oct 202215 Oct 2023– –−£19k£64k £12k£15k6
31 Oct 202115 Sep 2022– –−£7,065£44k £5,584£7,4156
31 Oct 202015 Sep 2021– –£10k£67k £6,375£35k6
31 Oct 201915 Oct 2020– –£8,336£27k £9,782£3,3496

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Lancaster

Questions about MI 1 LTD

What is the company number of MI 1 LTD?

MI 1 LTD is registered under company number 07339589 in the official register of United Kingdom. View it at the official register.

Is MI 1 LTD still active?

Yes. MI 1 LTD is registered as active (status: Active).

Has MI 1 LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MI 1 LTD in the official data.

How likely is MI 1 LTD to become insolvent?

Our model estimates a 0.01 % probability that MI 1 LTD becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was MI 1 LTD founded?

MI 1 LTD was incorporated on 9 Aug 2010.

Where is MI 1 LTD registered?

MI 1 LTD's registered address is in LA3 2BJ MORECAMBE (Lancaster), United Kingdom.

What do the latest accounts of MI 1 LTD show?

The latest published accounts (period ending 31 Oct 2025) show equity of −£16k, total assets of £49k, 6 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.