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Mills Electrical Limited

04281569

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)
  • Going concern doubt noted in accounts (-10)

Details

9-11 STRATFORD ROAD, SOLIHULL, B90 3LU
Incorporated 04/09/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Marie Ann Mills

secretary · Since 04/09/2001

BRITISH

Mr Stephen Mills

director · Since 04/09/2001

ELECTRICIAN

BRITISH · ENGLAND · Age 63

Mrs Marie Ann Mills

director · Since 07/02/2017

ADMINISTRATOR

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mrs Marie Ann Mills

25–50% shares
25–50% votes

British · England · Age 61

30, Bourton Road, Solihull, B92 8AY

Notified 06/04/2016

Mr Stephen Mills

25–50% shares
25–50% votes

British · England · Age 63

30, Bourton Road, Solihull, B92 8AY

Notified 06/04/2016

CompanyRankvs 27651+ SIC 43210 peers
37

Financial strength11th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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27651Mills Electrical Limited
43
How is this score calculated?
Financial strength3/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 05/04/2025

Net Worth

-£816

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£6k

Current Liabilities

£9k

Fixed Assets

£2k

Debtors

£1k

2avg. employees

Director Loans

Company owes directors£8k

Balance Sheet

Assets less current liabilities-£816
Signed by Mrs M A Mills 9 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67—
20241.57+£2k
20231.22—
20221.79—
20211.97—

Derived from filed accounts. Not audited figures.