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Millennium Care Homes Limited

03071484

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SUITE D5 ST MERYL SUITE CARPENDERS PARK, WATFORD, WD19 5EF
Incorporated 22/06/1995

Compliance

Last accounts

30/06/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/05/2025

Due 22/05/2026

On track

Industry

82990
Other business support service activities
86102
Medical nursing home activities
87100
Residential nursing care facilities

Officers

Mr Hasnain Mohammed Taki Merali

director · Since 09/01/2025

ACCOUNTANT

BRITISH · ENGLAND · Age 61

Also on 8 other boards

Mr Mohamed Hassan Roshanali Merali

director · Since 09/01/2025

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 51

Also on 9 other boards

Persons with Significant Control

Millennium Care Holdings Limited

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

Suite D5 St Meryl Suite, Carpenders Park, Watford, WD19 5EF

Reg: 16050927 · Registrar Of Companies Of England And Wales · Private Company Limited By Shares

Notified 09/01/2025

Former PSCs

Karim Velji

Ceased 09/03/2020

Mansoor Esmail

Ceased 09/03/2020

Mekv Newco Limited

Ceased 09/01/2025

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/01/2025Registered 14/01/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/01/2025Registered 10/01/2025
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 31/03/2004Registered 16/04/2004Satisfied 06/02/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 31/03/2004Registered 16/04/2004Satisfied 17/06/2021
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 27/09/1996Registered 01/10/1996Satisfied 07/04/2004
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 27/09/1996Registered 01/10/1996Satisfied 07/04/2004

CompanyRankvs 6126+ SIC 82990 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/06/2024

Turnover

£2.9M

Annual revenue

Net Worth

£4.8M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Profit Before Tax

£941k

Bottom line earnings

Net Current Assets

£2.5M

Working capital

Current Assets

£7.9M

Current Liabilities

£5.4M

Fixed Assets

£2.3M

Debtors

£5.3M

Cost of Sales

£1.9M

Gross Profit

£1.0M

Admin Expenses

£340k

Operating Profit

£706k

Profit After Tax

£694k

67avg. employees-4

Tax at Year End

Corp tax£248k

People Costs

Wages & salaries£1.5M
NI contributions£129k

Balance Sheet

Assets less current liabilities£4.8M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.47+£694k
20231.93+£343k
20221.73+£200k
20211.46

Derived from filed accounts. Not audited figures.