Millgar Engineering Ltd
04928189
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 21/09/2025
Due 05/10/2026
Industry
Officers
director · Since 07/04/2014
ENGINEER
BRITISH · ENGLAND · Age 31
Also on 1 other board
Persons with Significant Control
Mr Michael Lee Mills
British · England · Age 39
Unit 15, Jubilee Trade Centre, Letchworth, SG6 1NE
Notified 06/04/2016
Mr Jack Mills
British · England · Age 31
Unit 15, Jubilee Trade Centre, Letchworth, SG6 1NE
Notified 30/09/2021
Former PSCs
Mr Christopher Mills
Ceased 30/09/2021
Mr Gary Mills
Ceased 30/09/2021
CompanyRankvs 481+ SIC 71121 peers83
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£307k
Balance sheet strength
Cash
£189k
Cash in the bank
Net Current Assets
£179k
Working capital
Current Assets
£396k
Current Liabilities
£217k
Fixed Assets
£256k
Debtors
£207k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.83 | +£103k | £1.2M |
| 2024 | 1.79 | +£72k | £671k |
| 2023 | 1.48 | — | — |
Derived from filed accounts. Not audited figures.