Millvale Engineering Limited
03811760
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 28/05/2014
director · Since 19/09/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 1 other board
Persons with Significant Control
Leacy Uk Limited
Units 14/15, Erdington Industrial Park, Birmingham, B24 0RD
Reg: 07390307 · England & Wales · Private Limited Company
Notified 26/04/2024
Former PSCs
Mr Marc Karel Elvire Van De Vijver
Ceased 26/04/2024
CompanyRankvs 2520+ SIC 45310 peers75
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going concern The directors have considered the risks and issues concerning the company and its activities and no material uncertainties that may cast significant doubt about the ability of the compan
Key FinancialsYear ending 31/12/2024
Net Worth
£459k
Balance sheet strength
Cash
£114k
Cash in the bank
Net Current Assets
£454k
Working capital
Current Assets
£508k
Current Liabilities
£54k
Fixed Assets
£6k
Debtors
£191k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 9.42 | +£16k |
| 2023 | 4.09 | +£4k |
| 2022 | 5.88 | +£95k |
| 2021 | 4.39 | -£35k |
| 2020 | 3.13 | +£37k |
| 2019 | 3.76 | -£7k |
| 2018 | 3.18 | — |
Derived from filed accounts. Not audited figures.