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Millington Slitting And Rewinding Company Limited(The)

01682782

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 3D, STAG IND. EST., ALTRINCHAM, WA14 5DW
Incorporated 30/11/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

17120
Manufacture of paper and paperboard

Officers

Mrs. Teresa Millington

secretary · Since 21/02/1992

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Mr. Peter Anthony Millington

director · Since 21/02/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 1 other board

Mrs. Teresa Millington

director · Since 21/02/1992

COMPANY SECRETARY

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Persons with Significant Control

Mrs. Teresa Millington

25–50% shares

British · England · Age 66

35, Petersham Drive, Warrington, WA4 5QF

Notified 06/04/2016

Mr. Peter Anthony Millington

25–50% shares

British · England · Age 70

35, Petersham Drive, Warrington, WA4 5QF

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/07/2003Registered 24/07/2003
charge
satisfied

BARCLAYS BANK PLC

Created 26/01/1983Registered 03/02/1983Satisfied 12/05/2004

CompanyRankvs 25+ SIC 17120 peers
67

Financial strength68th percentile among SIC peers · 17/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.15× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees10/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£269k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

£234k

Working capital

Current Assets

£342k

Current Liabilities

£109k

Fixed Assets

£68k

Debtors

£130k

5avg. employees

Tax at Year End(2022)

Corp tax£32k

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£301k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.15-£89k
20242.65-£42k
20232.91+£18k
20223.34+£85k
20212.87+£27k
20203.67-£9k
20193.96-£18k
20183.02—

Derived from filed accounts. Not audited figures.