MI LOCAL TRADES LTD

Company number 16339765 · Active

MI LOCAL TRADES LTD is a private limited company registered in DURHAM, United Kingdom, incorporated on 25 Mar 2025. Its registered activity is other business support service activities n.e.c.. Its latest published accounts for the period ending 5 Apr 2026 show equity of −£2,238, total assets of £1,108. It has filed 1 set of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Industry1.7×82 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×≥ 2.20344 · 0.17 % became insolvent

Lowers the risk

Company age (years)0.0×0.309–1.728 · 0.00 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Days since last period end0.6×< 246 · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 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
16339765 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
25 Mar 2025 (2 years)
Registered address
DH1 1TW DURHAM
Postcode area
Durham
Activity
82990 Other business support service activities n.e.c.
Industry
Office administrative and business support
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
5 Apr 202625 Sep 2026– –−£2,238£1,108 £2,746–0

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

Similar companies in Durham

Questions about MI LOCAL TRADES LTD

What is the company number of MI LOCAL TRADES LTD?

MI LOCAL TRADES LTD is registered under company number 16339765 in the official register of United Kingdom. View it at the official register.

Is MI LOCAL TRADES LTD still active?

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

Has MI LOCAL TRADES LTD gone bankrupt or into insolvency?

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

How likely is MI LOCAL TRADES LTD to become insolvent?

Our model estimates a 0.00 % probability that MI LOCAL TRADES LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was MI LOCAL TRADES LTD founded?

MI LOCAL TRADES LTD was incorporated on 25 Mar 2025.

Where is MI LOCAL TRADES LTD registered?

MI LOCAL TRADES LTD's registered address is in DH1 1TW DURHAM (Durham), United Kingdom.

What do the latest accounts of MI LOCAL TRADES LTD show?

The latest published accounts (period ending 5 Apr 2026) show equity of −£2,238, total assets of £1,108, 0 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 9 Nov 2026.