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Milegold Commercial Limited

03134964

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

8 COLDBATH SQUARE, LONDON, EC1R 5HL
Incorporated 06/12/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Andrew George Weller

director · Since 01/01/1996

ENGINEER

BRITISH · UNITED KINGDOM · Age 77

Also on 5 other boards

Persons with Significant Control

Mr Andrew George Weller

75–100% shares

British · United Kingdom · Age 77

68 Fentinman Road, The Oval, London, SW8 1LA

Notified 06/04/2016

CompanyRankvs 15514+ SIC 41100 peers
70

Financial strength96th percentile among SIC peers · 24/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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15514Milegold Commercial Limited
66
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.

Employees10/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

£1.7M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£282k

Working capital

Current Assets

£580k

Current Liabilities

£862k

Fixed Assets

£2.0M

2avg. employees

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67+£10k
20230.47+£136k
20220.32+£69k
20219.90+£356k
20204.32+£86k
20192.25+£101k
20189.23+£2k
20173.08—

Derived from filed accounts. Not audited figures.