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Miltech Limited

06518062

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 6, LANGLEY, SL3 6EZ
Incorporated 28/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Daljit Singh Gandhum

director · Since 28/02/2008

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 5 other boards

Persons with Significant Control

Mr Jaswinder Singh Gandhum

Significant control

British · England · Age 47

Unit 6, Waterside Drive, Langley, SL3 6EZ

Notified 28/04/2026

Former PSCs

Mr Jaswinder Singh Gandhum

Ceased 21/11/2025

Charges3 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 30/03/2023Registered 06/04/2023
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 30/03/2023Registered 06/04/2023
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 30/03/2023Registered 06/04/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/05/2016Registered 18/05/2016Satisfied 02/01/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/06/2015Registered 18/06/2015Satisfied 02/01/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/04/2015Registered 21/04/2015Satisfied 02/01/2025

CompanyRankvs 13956+ SIC 98000 peers
61

Financial strength98th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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13956Miltech Limited
71
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.

Liquidity2/20 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 31/03/2025

Net Worth

£135k

Balance sheet strength

Cash

£332

Cash in the bank

Net Current Assets

-£514k

Working capital

Current Assets

£34k

Current Liabilities

£548k

Fixed Assets

£710k

Debtors

£34k

Profit After Tax

-£274k

2avg. employees

Tax at Year End

Dividends paid£2k

Balance Sheet

Assets less current liabilities£196k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£0
20250.06-£290k
20240.02+£421k
20230.08-£2k
20220.10-£9k
20210.22+£31k
20200.24-£28k
20190.36—

Derived from filed accounts. Not audited figures.