Millitec Food Systems Ltd
05390759
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/01/2025
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 12/03/2026
Due 26/03/2027
Industry
Officers
director · Since 07/08/2006
ENGINEER
BRITISH · ENGLAND · Age 59
Also on 5 other boards
Persons with Significant Control
Millitec Group Limited
20, Victoria Road, Derby, DE72 3PS
Notified 28/06/2024
Former PSCs
Mr Richard Dean Ledger
Ceased 28/06/2024
Samworth Brothers Limited
Ceased 31/01/2020
Charges2 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
UNIVERSITY OF DERBY
CompanyRankvs 15+ SIC 28930 peers77
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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.
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 31/01/2025
Net Worth
£2.3M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
£1.9M
Working capital
Current Assets
£2.4M
Current Liabilities
£522k
Fixed Assets
£550k
Debtors
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.63 | -£995k |
| 2024 | 4.87 | -£101k |
| 2023 | 4.18 | +£1.1M |
| 2022 | 2.05 | +£652k |
| 2021 | 5.61 | +£200k |
| 2020 | 3.10 | -£441k |
| 2019 | 5.22 | — |
Derived from filed accounts. Not audited figures.