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Millspin Limited

08110204

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1-3 HIGH STREET, DUNMOW, CM6 1UU
Incorporated 19/06/2012

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 Peter Andrew Bennett

director · Since 02/08/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mrs Elaine Katherine Austin Bennett

75–100% shares
75–100% votes

British · England · Age 60

1-3, High Street, Dunmow, CM6 1UU

Notified 02/08/2019

Former PSCs

Mr Gary Pettet

Ceased 02/08/2019

Charges2 outstanding

Charge
outstanding

ATOM BANK PLC

Created 21/04/2023Registered 24/04/2023
Charge
outstanding

ATOM BANK PLC

Created 21/04/2023Registered 24/04/2023
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/08/2012Registered 11/08/2012Satisfied 21/04/2023
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 23/07/2012Registered 26/07/2012Satisfied 21/04/2023

CompanyRankvs 16663+ SIC 98000 peers
59

Financial strength99th percentile among SIC peers · 25/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees13/15 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 30/06/2025

Net Worth

£627k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£610k

Working capital

Current Assets

£37k

Current Liabilities

£647k

Fixed Assets

£2.0M

1avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£2k
20240.04-£105k
20230.08-£35k
2022+£49k
20210.01+£9k
20200.03-£13k
2019+£524k

Derived from filed accounts. Not audited figures.