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Mil-Tu-Fit Engineering Limited

01229119

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

246 BROOMHILL ROAD, SOUTH GLOUCESTERSHIRE, BS4 5RG
Incorporated 08/10/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining
28490
28490

Officers

Karen Jane Benjamin

secretary · Since 08/04/1998

BRITISH · Age 64

Also on 1 other board

Mr Ian Kevin Gregory

director · Since 29/06/1998

TOOLMAKER

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mil Tu Fit Manufacturing Limited

75–100% shares
75–100% votes
Appoint directors

246 Broomhill Road, Brislington, Bristol, BS4 5RB

Reg: 08748837 · England · Private Limited Company

Notified 06/04/2016

Former PSCs

Mr Ian Kevin Gregory

Ceased 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/1992Registered 10/04/1992Satisfied 28/03/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/07/1986Registered 11/07/1986Satisfied 28/03/2024
charge
satisfied

NATIONAL WESTMINSTER BANK LIMITED

Created 05/06/1978Registered 14/06/1978Satisfied 10/08/1992
charge
satisfied

NATIONAL WESTMINSTER BANK LIMITED

Created 06/12/1976Registered 14/12/1976Satisfied 28/03/2024

CompanyRankvs 50+ SIC 25620 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.12× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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50Mil-Tu-Fit Engineering Limited
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£3.9M

Balance sheet strength

Cash

£3.4M

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.7M

Current Liabilities

£925k

Fixed Assets

£155k

Debtors

£1.1M

29avg. employees-2

Tax at Year End

Corp tax£279k
VAT£119k

Director Loans

Directors owe company£821

Balance Sheet

Assets less current liabilities£4.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.12+£629k£2.4M
20235.23+£452k£1.6M
20223.85+£612k£1.8M
20215.13+£87k£1.1M
20203.67+£236k—
20193.40+£288k—
20183.08——

Derived from filed accounts. Not audited figures.