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Mil Power Limited

03526890

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

44 BALLMOOR, BUCKINGHAM, MK18 1RQ
Incorporated 13/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
27200
Manufacture of batteries and accumulators
74909
Other professional, scientific and technical activities

Officers

Mrs Jennifer Ann Vince

secretary · Since 13/03/1998

BRITISH · ENGLAND · Age 70

Also on 7 other boards

Mr Michael John Vince

director · Since 13/03/1998

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Joanna Elizabeth Thame

director · Since 12/03/1999

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mrs Jennifer Ann Vince

director · Since 12/03/1999

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 7 other boards

Persons with Significant Control

Mr Michael John Vince

25–50% shares
25–50% votes

British · England · Age 72

44 Ballmoor, Buckingham, MK18 1RQ

Notified 06/04/2016

Mrs Jennifer Ann Vince

25–50% shares
25–50% votes

British · England · Age 70

44 Ballmoor, Buckingham, MK18 1RQ

Notified 06/04/2016

Ms Joanna Elizabeth Thame

25–50% shares
25–50% votes

British · England · Age 56

44 Ballmoor, Buckingham, MK18 1RQ

Notified 06/04/2016

CompanyRankvs 397+ SIC 26511 peers
65

Financial strength58th percentile among SIC peers · 14/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.25× · 12/20
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 strength14/25 pts

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

Employees9/15 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.

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

£62k

Balance sheet strength

Cash

£296k

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£307k

Current Liabilities

£247k

Fixed Assets

£2k

Debtors

£7k

3avg. employees

Tax at Year End

Corp tax£66k

Balance Sheet

Assets less current liabilities£63k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.25-£32k
20231.20+£93k
20221.11+£0
20211.01+£0
20201.10+£0
20191.43-£132k
20181.38

Derived from filed accounts. Not audited figures.