Mologic Ltd.
04784437
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/12/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 1 other board
director · Since 01/12/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 4 other boards
Persons with Significant Control
Global Access Health
12th Floor, 6 New Street Square, London, EC4A 3BF
Reg: 13372740 · Companies House · Private Limited Company
Notified 09/07/2021
Former PSCs
Mr Paul James Davis
Ceased 20/04/2018
Mr Mark James Davis
Ceased 20/04/2018
Charges1 outstanding
MILLENIUM STUDIOS LIMITED
CompanyRankvs 391+ SIC 72110 peers58
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to Note 2 in the financial statements, which indicates that the company incurred a net loss of £2,721,955 during the year ended 30 June 2025. As stated in Note 2, these
Key FinancialsYear ending 30/06/2025
Turnover
£2.3M
Annual revenue
Net Worth
£20k
Balance sheet strength
Cash
£168k
Cash in the bank
Profit Before Tax
-£3.4M
Bottom line earnings
Net Current Assets
£932k
Working capital
Current Assets
£1.9M
Current Liabilities
£954k
Fixed Assets
£324k
Debtors
£1.6M
Cost of Sales
£907k
Gross Profit
£1.4M
Admin Expenses
£6.3M
Operating Profit
-£3.4M
Profit After Tax
-£2.7M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.98 | +£0 |
| 2025 | 1.98 | +£5.6M |
| 2024 | 0.95 | +£0 |
| 2023 | 0.77 | -£7.9M |
| 2022 | 1.12 | — |
Derived from filed accounts. Not audited figures.