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Millbank Auctioneers Limited

06759465

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

72 MILLBANK STREET, SOUTHAMPTON, SO14 5QN
Incorporated 26/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Simon John Williamson

director · Since 26/11/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Simon John Williamson

75–100% shares
75–100% votes

British · United Kingdom · Age 49

72, Millbank Street, Southampton, SO14 5QN

Notified 06/04/2016

CompanyRankvs 17690+ SIC 96090 peers
69

Financial strength83th percentile among SIC peers · 21/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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 31/08/2023

Net Worth

£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£50k

Working capital

Current Assets

£324k

Current Liabilities

£274k

Fixed Assets

£277

1avg. employees

Balance Sheet

Assets less current liabilities£50k
Prepared with BTCSoftware AP Solution 2024 11.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20231.18+£19k
20221.49-£1k
20213.07-£17k
20203.37+£4k
20192.31+£10k
20181.99

Derived from filed accounts. Not audited figures.