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Millhatch Properties Limited

08030387

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

175B RECULVER ROAD, HERNE BAY, CT6 6PY
Incorporated 13/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr James Earl Spencer

director · Since 13/04/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Mr Kevin John Spencer

director · Since 13/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mr Gareth Spencer

director · Since 05/02/2023

IT CONSULTANT

BRITISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Kevin John Spencer

50–75% shares

British · England · Age 72

175b, Reculver Road, Herne Bay, CT6 6PY

Notified 06/04/2016

Mr James Earl Spencer

Significant control

British · United Kingdom · Age 47

175b, Reculver Road, Herne Bay, CT6 6PY

Notified 06/04/2016

Charges17 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 03/12/2025Registered 09/12/2025
Charge
outstanding

ALDERMORE BANK PLC

Created 13/09/2024Registered 19/09/2024
Charge
outstanding

ALDERMORE BANK PLC

Created 24/04/2024Registered 26/04/2024
Charge
outstanding

ALDERMORE BANK PLC

Created 25/01/2023Registered 08/02/2023
Charge
outstanding

ALDERMORE BANK PLC

Created 11/05/2020Registered 12/05/2020
Charge
outstanding

ALDERMORE BANK PLC

Created 02/09/2019Registered 10/09/2019
Charge
satisfied

ALDERMORE BANK PLC

Created 19/09/2018Registered 20/09/2018Satisfied 09/12/2025
Charge
outstanding

ALDERMORE BANK PLC

Created 16/08/2018Registered 24/08/2018
Charge
outstanding

ALDERMORE BANK PLC

Created 27/01/2017Registered 31/01/2017
Charge
outstanding

ALDERMORE BANK PLC

Created 25/04/2016Registered 09/05/2016
Charge
outstanding

ALDERMORE BANK PLC

Created 20/01/2016Registered 05/02/2016
Charge
outstanding

ALDERMORE BANK PLC

Created 20/01/2016Registered 05/02/2016
Charge
outstanding

ALDERMORE BANK PLC

Created 20/01/2016Registered 22/01/2016
Charge
outstanding

ALDERMORE BANK PLC

Created 20/01/2016Registered 22/01/2016
Charge
outstanding

ALDERMORE BANK PLC

Created 16/09/2015Registered 21/09/2015
Charge
outstanding

ALDERMORE BANK PLC

Created 10/06/2015Registered 16/06/2015
Charge
satisfied

ONESAVINGS BANK PLC

Created 30/04/2014Registered 07/05/2014Satisfied 24/09/2017
Charge
satisfied

ONESAVINGS BANK PLC

Created 06/08/2013Registered 07/08/2013Satisfied 08/01/2017
Charge
outstanding

ALDERMORE BANK PLC

Created 21/06/2013Registered 22/06/2013
charge
outstanding

ALDERMORE BANK PLC

Created 15/08/2012Registered 16/08/2012

CompanyRankvs 15018+ SIC 68100 peers
59

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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6Abbey Manor Group Limited
90
7Land Management Group Limited
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8Abbott Bros.(Kent),Limited
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9Stonewood Securities Limited
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10Braintree Bungalows Limited
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15018Millhatch Properties Limited
69
How is this score calculated?
Financial strength24/25 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.

Longevity14/15 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 31/12/2024

Net Worth

£594k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£320k

Working capital

Current Assets

£30k

Current Liabilities

£350k

Fixed Assets

£1.9M

Debtors

£8k

3avg. employees+1

Tax at Year End

Corp tax£3k

Director Loans

Company owes directors£339k

Balance Sheet

Assets less current liabilities£1.5M
Signed by Mr Kevin Spencer 24/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£14k
20230.04+£556k
20220.24+£4k
20210.09+£5k
20200.10+£11k
20190.13+£6k
20190.05—

Derived from filed accounts. Not audited figures.