Millat Auto Spares Ltd
05692732
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
30/01/2025
total exemption full
Next accounts due
30/10/2026
Confirmation statement
Last: 31/01/2026
Due 14/02/2027
Industry
Officers
Persons with Significant Control
Mr Mohammed Millat Rasul
British · England · Age 53
50, Third Avenue, Birmingham, B9 5RJ
Notified 06/04/2016
CompanyRankvs 6136+ SIC 47190 peers60
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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 30/01/2026
Net Worth
-£701
Balance sheet strength
Cash
£76k
Cash in the bank
Net Current Assets
£44k
Working capital
Current Assets
£156k
Current Liabilities
£112k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.39 | — |
| 2025 | 1.18 | +£565 |
| 2024 | 1.18 | — |
| 2023 | 1.18 | — |
Derived from filed accounts. Not audited figures.