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Milltech Solutions Limited

03563307

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

101 LONDON ROAD, HERTFORDSHIRE, SG3 6HG
Incorporated 13/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Caroline Tyler

secretary · Since 04/06/1998

BRITISH

Mr Phillip Albert Tyler

director · Since 04/06/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mr Phillip Albert Tyler

25–50% shares

British · United Kingdom · Age 61

101 London Road, Hertfordshire, SG3 6HG

Notified 06/04/2016

Mrs Caroline Joan Tyler

25–50% shares

British · England · Age 59

101 London Road, Hertfordshire, SG3 6HG

Notified 06/04/2016

CompanyRankvs 9675+ SIC 62020 peers
76

Financial strength85th percentile among SIC peers · 21/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 11.93× · 20/20
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 strength21/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£76k

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

£76k

Working capital

Current Assets

£83k

Current Liabilities

£7k

Fixed Assets

£563

Profit After Tax

£24k

1avg. employees

Tax at Year End

Dividends paid£58k

Balance Sheet

Assets less current liabilities£77k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202511.93-£34k
20243.58+£24k
2023127.16

Derived from filed accounts. Not audited figures.