{"name":"MICHTON LIMITED","company_number":"03833817","status":"Active","type":"Private Limited Company","incorporated":"1999-08-31","dissolved":null,"registered_office":"3 Kenfig Industrial Estate, Margam, Port Talbot, West Glamorgan, SA13 2PE","postcode":"SA13 2PE","sic_codes":[{"code":10821,"description":"Manufacture of cocoa and chocolate confectionery"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":null,"financials":[{"financial_date":"2014-12-31","net_assets":289974},{"financial_date":"2013-12-31","net_assets":327795},{"financial_date":"2012-12-31","net_assets":249078},{"financial_date":"2011-12-31","net_assets":46549,"cash":53362}],"officers":{"current":3,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Michton Limited presents a mixed risk profile. The company has a substantial 25-year trading history and has built positive net assets of £290k, but the most recent detailed accounts (2014) reveal a concerning deterioration in liquidity driven by debt-financed capital expansion. The concentration of 82% of current assets in debtors and a 63% decline in working capital require careful monitoring. The critical limitation is the absence of financial data from 2015-2024; obtaining this information is essential before making any investment commitment, as it will reveal whether the capital investment strategy has succeeded or further strained the business.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/michton","people":"https://www.companiesintheuk.co.uk/company/michton/people","filing_history":"https://www.companiesintheuk.co.uk/company/michton/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03833817","financials":"https://www.companiesintheuk.co.uk/company/michton/financial","control":"https://www.companiesintheuk.co.uk/company/michton/control","charges":"https://www.companiesintheuk.co.uk/company/michton/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/michton/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/michton"}