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Millard Property Ltd

08733735

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

MILL COTTAGE THE HEATH, BISHOP'S STORTFORD, CM22 7AB
Incorporated 15/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Jack Alexander Millard

director · Since 15/10/2013

BUILDER

ENGLISH · ENGLAND · Age 47

Persons with Significant Control

Mr Jack Millard

75–100% shares

British · United Kingdom · Age 47

Mill Cottage, The Heath, Bishop's Stortford, CM22 7AB

Notified 01/10/2016

Charges5 outstanding

Charge
outstanding

GILLIAN NICOLA CUTMORE · NEIL CUTMORE

Created 02/02/2023Registered 21/02/2023
Charge
outstanding

SAFFRON BUILDING SOCIETY

Created 02/02/2023Registered 14/02/2023
Charge
outstanding

SAFFRON BUILDING SOCIETY

Created 02/02/2023Registered 14/02/2023
Charge
outstanding

SAFFRON BUILDING SOCIETY

Created 29/03/2018Registered 03/04/2018
Charge
outstanding

SAFFRON BUILDING SOCIETY

Created 29/03/2018Registered 03/04/2018

CompanyRankvs 8909+ SIC 41100 peers
64

Financial strength76th percentile among SIC peers · 19/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 5.52× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees7/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/10/2024

Net Worth

£64k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.5M

Current Liabilities

£454k

Fixed Assets

£26k

Debtors

£31k

1avg. employees

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.52-£63k
20234.92

Derived from filed accounts. Not audited figures.