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Milne Power Solutions Ltd

07753552

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

BEENHAM HEDGERLEY HILL, SLOUGH, SL2 3RW
Incorporated 26/08/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Robert David Milne

director · Since 26/08/2011

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 43

Edmund Milne

secretary · Since 29/10/2011

BRITISH

Persons with Significant Control

Mr Robert Milne

50–75% shares

British · England · Age 43

Beenham, Hedgerley Hill, Slough, SL2 3RW

Notified 01/08/2016

CompanyRankvs 11398+ SIC 74100 peers
60

Financial strength93th percentile among SIC peers · 23/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.4× · 2/20
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 strength23/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£133k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£24k

Current Liabilities

£61k

Fixed Assets

£180k

1avg. employees

Tax at Year End(2019)

Corp tax£27k

Balance Sheet

Assets less current liabilities£143k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40-£18k
20230.43+£13k
20220.45-£52k
20210.24-£25k
20200.91+£54k
20190.22+£75k
20180.06

Derived from filed accounts. Not audited figures.