MICHFAI LIMITED

Company number SC555682 · Active (Active - Proposal to Strike off)

MICHFAI LIMITED is a private limited company registered in GLASGOW, United Kingdom, incorporated on 26 Jan 2017. Its registered activity is hairdressing and other beauty treatment. Its latest published accounts for the period ending 31 Jan 2021 show equity of −£6,313, total assets of £17k. It has filed 2 sets 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

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 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
SC555682 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
26 Jan 2017 (10 years)
Registered address
G41 2LL GLASGOW
Postcode area
Glasgow
Activity
96020 Hairdressing and other beauty treatment
Industry
Other personal service activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202115 Oct 2021– –−£6,313£17k £3,082£7,2996
31 Jan 202015 Jul 2020– –£4,920£13k £8,070£4,8315

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

Similar companies in Glasgow

Questions about MICHFAI LIMITED

What is the company number of MICHFAI LIMITED?

MICHFAI LIMITED is registered under company number SC555682 in the official register of United Kingdom. View it at the official register.

Is MICHFAI LIMITED still active?

Yes. MICHFAI LIMITED is registered as active (status: Active - Proposal to Strike off).

Has MICHFAI LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MICHFAI LIMITED in the official data.

How likely is MICHFAI LIMITED to become insolvent?

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

When was MICHFAI LIMITED founded?

MICHFAI LIMITED was incorporated on 26 Jan 2017.

Where is MICHFAI LIMITED registered?

MICHFAI LIMITED's registered address is in G41 2LL GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of MICHFAI LIMITED show?

The latest published accounts (period ending 31 Jan 2021) show equity of −£6,313, total assets of £17k, 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.