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Mills Hill Developments Limited

08811180

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

501 MIDDLETON ROAD, OLDHAM, OL9 9LY
Incorporated 11/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr William David Clynes

director · Since 11/12/2013

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 8 other boards

Mr Stephen William Bottomley

director · Since 08/09/2014

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 12 other boards

Mr Simon John Shaw

director · Since 01/09/2023

CHEF

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mr William David Clynes

50–75% shares

British · England · Age 56

501 Middleton Road, Chadderton, Oldham, OL9 9LY

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2020Registered 21/08/2020
Charge
outstanding

LEASE OF LIFE ESTATES LIMITED

Created 21/04/2020Registered 11/05/2020
Charge
outstanding

WILLIAM CLYNES

Created 21/04/2020Registered 11/05/2020

CompanyRankvs 7692+ SIC 56101 peers
40

Financial strength98th percentile among SIC peers · 25/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity13 years trading (max 15) · 13/15
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.

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.

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

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 30/04/2025

Net Worth

£917k

Balance sheet strength

Cash

£203k

Cash in the bank

Profit Before Tax

£518k

Bottom line earnings

Net Current Assets

-£3.8M

Working capital

Current Assets

£943k

Current Liabilities

£4.8M

Fixed Assets

£5.0M

Debtors

£649k

Cost of Sales

£8.5M

Admin Expenses

£3.1M

Profit After Tax

£383k

2avg. employees-234

Director Loans(2023)

Company owes directors£1.9M

People Costs

Wages & salaries£4.6M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£103k
Assets less current liabilities£1.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.20+£383k
20240.47+£179k
20230.44

Derived from filed accounts. Not audited figures.