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Millbray Pallets Limited

04816956

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

19-20 BOURNE COURT, WOODFORD GREEN, IG8 8HD
Incorporated 01/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

CompanyRankvs 14370+ SIC 53202 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.81× · 6/20
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 strength23/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£44k

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

-£109k

Working capital

Current Assets

£475k

Current Liabilities

£584k

Fixed Assets

£349k

Debtors

£392k

8avg. employees+6

Balance Sheet

Assets less current liabilities£240k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81+£94k
20230.65

Derived from filed accounts. Not audited figures.