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Mii Engineering Limited

06806614

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 20 PANTGLAS INDUSTRIAL ESTATE, CAERPHILLY, CF83 8DR
Incorporated 30/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Brian Roy Arnesen

director · Since 07/02/2011

ENGINEER

WELSH · WALES · Age 60

Also on 5 other boards

Mrs Julie Anne Crandon

director · Since 07/02/2011

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Mr Matthew James Moody

director · Since 07/02/2011

ACCOUNTANT

BRITISH · WALES · Age 55

Mr Richard Passmore

director · Since 02/01/2024

DIRECTOR

BRITISH · WALES · Age 41

Also on 1 other board

Persons with Significant Control

Mii Trustee Limited

75–100% shares
75–100% votes
Appoint directors

Unit 20, Pantglas Industrial Estate, Caerphilly, CF83 8DR

Reg: 16320918 · Companies House · Private Company Limited By Guarantee

Notified 21/03/2025

Former PSCs

Mr Brian Roy Arnesen

Ceased 21/03/2025

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 11/07/2023Registered 14/07/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 05/04/2018Registered 16/04/2018Satisfied 16/01/2025
Charge
satisfied

DBW INVESTMENTS (14) LIMITED

Created 17/11/2017Registered 20/11/2017Satisfied 16/01/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 01/04/2014Registered 09/04/2014Satisfied 16/01/2025
Charge
satisfied

THE WELSH MINISTERS

Created 01/04/2014Registered 09/04/2014Satisfied 08/10/2019
Charge
satisfied

BARCLAYS BANK PLC

Created 07/04/2014Registered 08/04/2014Satisfied 16/01/2025
charge
satisfied

BARCLAYS BANK PLC

Created 18/12/2012Registered 20/12/2012Satisfied 16/01/2025
charge
outstanding

BARCLAYS BANK PLC

Created 10/02/2011Registered 22/02/2011
charge
satisfied

FINANCE WALES INVESTMENTS (6) LIMITED

Created 08/02/2011Registered 11/02/2011Satisfied 16/01/2025

CompanyRankvs 3603+ SIC 71122 peers
49

Financial strength100th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Liquidity0/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/01/2025

Net Worth

£6.2M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

£9.3M

Fixed Assets

£296k

Debtors

£14.4M

Admin Expenses

£6.2M

Profit After Tax

£1.4M

4avg. employees-433

Tax at Year End

Corp tax£290k

Director Loans(2022)

Company owes directors£4k

People Costs

Wages & salaries£21.6M

Balance Sheet

Assets less current liabilities£6.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£2.4M
20221.25+£357k
20211.30+£244k
20201.23

Derived from filed accounts. Not audited figures.