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Millennium Decorators Limited

05654818

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

2A HENSON CLOSE, BISHOP AUCKLAND, DL14 6WA
Incorporated 15/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Paul Thomas King

secretary · Since 15/12/2005

BRITISH · UNITED KINGDOM · Age 75

Also on 3 other boards

Darren King

director · Since 15/12/2005

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr Paul Thomas King

director · Since 15/12/2005

COMPANY SECRETARY/DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 3 other boards

Mr Symun Michael Sowerby

director · Since 06/04/2026

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Darren King

25–50% shares

British · United Kingdom · Age 48

34, Rose Garden Lane, Billingham, TS22 5WB

Notified 06/04/2016

Mr Paul Thomas King

25–50% shares

British · United Kingdom · Age 75

10 The Dell, Gibb Chare, Bishop Auckland, DL14 7HJ

Notified 06/04/2016

CompanyRankvs 349+ SIC 41100 peers
89

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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349Millennium Decorators Limited
89
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 05/04/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£525k

Cash in the bank

Net Current Assets

£942k

Working capital

Current Assets

£1.1M

Current Liabilities

£129k

Fixed Assets

£302k

Debtors

£531k

26avg. employees+1

Tax at Year End

Corp tax£87k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20258.31+£105k
20249.93+£62k
20238.01—

Derived from filed accounts. Not audited figures.