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Mylocum Ltd

05057928

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

NEPTUNE HOUSE 8-11 CLEMENTS COURT, ILFORD, IG1 2QZ
Incorporated 27/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies
78200
Temporary employment agency activities

Officers

Mr Rajaratnam Arun Nathan

director · Since 18/02/2005

ACCOUNTANT

BRITISH · ENGLAND · Age 67

Also on 15 other boards

Persons with Significant Control

Mr Rajaratnam Arun Nathan

75–100% shares
75–100% votes
Appoint directors

British · England · Age 67

Neptune House, 8-11 Clements Court, Ilford, IG1 2QZ

Notified 31/10/2016

Charges1 outstanding

Charge
outstanding

RBS INVOICE FINANCE LTD

Created 16/03/2015Registered 18/03/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/09/2012Registered 29/09/2012Satisfied 13/07/2016
charge
satisfied

HEATHVALE ESTATES LIMITED

Created 31/05/2011Registered 15/06/2011Satisfied 01/02/2017
charge
satisfied

HITACHI CAPITAL (UK) PLC T/A HITACHI CAPITAL INVOICE FINANCE

Created 19/03/2010Registered 23/03/2010Satisfied 03/12/2015
charge
satisfied

LONDON SCOTTISH INVOICE FINANCE LTD

Created 12/06/2008Registered 14/06/2008Satisfied 31/08/2011

CompanyRankvs 954+ SIC 78109 peers
75

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.93× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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954Mylocum Ltd
81
How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£146k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.4M

Fixed Assets

£5k

Debtors

£2.6M

19avg. employees-9

Tax at Year End(2023)

Corp tax£12k
Dividends paid-£45k

People Costs(2023)

Wages & salaries£2.5M
NI contributions£149k

Balance Sheet

Assets less current liabilities£1.3M
Signed by Mr Rajaratnam Nathan 14/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.93+£242k
20241.40-£383k
20231.42-£155k
20221.49+£535k
20211.32+£179k
20201.48—

Derived from filed accounts. Not audited figures.