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Millenium Executive Cars Limited

03357380

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

MENZIES LLP 2ND FLOOR, STAINES-UPON-THAMES, TW18 4BP
Incorporated 22/04/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Farooq Khalique

director · Since 28/04/1997

DIRECTOR

BRITISH · ENGLAND · Age 59

Faroos Khalique

secretary · Since 17/09/2007

BRITISH · Age 55

Persons with Significant Control

Farooq Khalique

25–50% shares
25–50% votes

British · England · Age 59

Menzies Llp, 2nd Floor, Staines-Upon-Thames, TW18 4BP

Notified 06/04/2016

Alison Kay Khalique

25–50% shares
25–50% votes

British · England · Age 58

Menzies Llp, 2nd Floor, Staines-Upon-Thames, TW18 4BP

Notified 06/04/2016

CompanyRankvs 86296+ SIC 82990 peers
48

Financial strength6th percentile among SIC peers · 2/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 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 30/04/2025

Net Worth

-£36k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£29k

Current Liabilities

£86k

Fixed Assets

£23k

Debtors

£28k

10avg. employees+1

Tax at Year End(2023)

Corp tax£47k

Balance Sheet

Bank loans & overdrafts£20k
Assets less current liabilities-£35k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.34-£48k
20241.02-£3k
20231.26—

Derived from filed accounts. Not audited figures.