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New Millennia Payroll Services Limited

04254121

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THIRD FLOOR EASTGATE CASTLE STREET, MANCHESTER, M3 4LZ
Incorporated 17/07/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Nik Hynes

secretary · Since 01/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Nik Hynes

director · Since 01/04/2005

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Paul O'Rourke

director · Since 25/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 4 other boards

Persons with Significant Control

New Millennia Group Limited

75–100% shares
75–100% votes

Third Floor Eastgate, Castle Street, Manchester, M3 4LZ

Reg: 04820474 · England And Wales · Private Limited Company

Notified 06/04/2016

Mr Nicholas Ian Hynes

ownership-of-shares-25-to-50-percent-as-firm
voting-rights-25-to-50-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 53

Third Floor, Castle Street, Manchester, M3 4LZ

Notified 05/07/2019

Mr Paul O'Rourke

ownership-of-shares-25-to-50-percent-as-firm
voting-rights-25-to-50-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 39

Third Floor Eastgate, Castle Street, Manchester, M3 4LZ

Notified 05/07/2019

Former PSCs

Mr Ian Moss

Ceased 06/09/2016

Mr Donald Alexander Payne

Ceased 05/07/2019

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 01/10/2024Registered 02/10/2024
charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 19/12/2007Registered 07/01/2008Satisfied 02/10/2024
charge
satisfied

BARCLAYS BANK PLC

Created 20/12/2006Registered 28/12/2006Satisfied 21/08/2020
charge
satisfied

BIBBY FACTORS MANCHESTER LTD

Created 06/02/2004Registered 17/02/2004Satisfied 02/10/2024

CompanyRankvs 873+ SIC 78200 peers
59

Financial strength97th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees13/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£798k

Balance sheet strength

Cash

£31k

Cash in the bank

Profit Before Tax

£97k

Bottom line earnings

Net Current Assets

£702k

Working capital

Current Assets

£6.1M

Current Liabilities

£5.3M

Fixed Assets

£226k

Debtors

£6.0M

Cost of Sales

£36.5M

Admin Expenses

£1.4M

Profit After Tax

£81k

12avg. employees-3

Tax at Year End

Corp tax£19k
Dividends paid£26k

People Costs

Wages & salaries£406k

Balance Sheet

Assets less current liabilities£928k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.13
20231.16
20221.11

Derived from filed accounts. Not audited figures.