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Millennium Assemblies Limited

08950807

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

UNITS 29-33, WEST BROMWICH, B70 6BP
Incorporated 20/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Anna Faulkner

director · Since 20/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Mr John Stuart Faulkner

director · Since 01/08/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Mr John Stuart Faulkner

25–50% shares

British · England · Age 69

Units 29-33 Union Street, West Bromwich, B70 6BP

Notified 06/04/2016

Mrs Anna Faulkner

25–50% shares

British · England · Age 44

Units 29-33 Union Street, West Bromwich, B70 6BP

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 05/03/2025Registered 11/03/2025
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 26/07/2021Registered 26/07/2021Satisfied 06/03/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/01/2020Registered 08/01/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/01/2020Registered 07/01/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/12/2019Registered 20/12/2019
Charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 13/04/2016Registered 18/04/2016Satisfied 06/03/2025
Charge
satisfied

LLOYDS BANK PLC

Created 02/07/2015Registered 15/07/2015Satisfied 21/01/2020
Charge
satisfied

LLOYDS BANK PLC

Created 18/06/2015Registered 30/06/2015Satisfied 21/01/2020
Charge
satisfied

LLOYDS BANK PLC

Created 16/06/2015Registered 23/06/2015Satisfied 21/01/2020
Charge
satisfied

JJ ENGINEERING (BIRMINGHAM) LIMITED (IN ADMINISTRATION) ACTING BY ITS JOINT ADMINISTRATORS PAUL

Created 24/04/2015Registered 18/06/2015Satisfied 12/04/2016
Charge
satisfied

CLOSE BROTHERS LTD ("THE SECURITY TRUSTEE")

Created 24/04/2015Registered 27/04/2015Satisfied 26/10/2017
Charge
satisfied

BLACK COUNTRY REINVESTMENT SOCIETY LTD

Created 14/04/2015Registered 22/04/2015Satisfied 08/07/2015

CompanyRankvs 2569+ SIC 25990 peers
60

Financial strength93th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 pts

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

Liquidity6/20 pts

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

Longevity12/15 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 31/08/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£652k

Current Liabilities

£688k

Fixed Assets

£3.2M

Debtors

£363k

25avg. employees+1

Balance Sheet

Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95+£932k
20231.00-£11k
20221.13-£639
20211.19+£108k
20201.41+£575k
20190.73+£36k
20180.77

Derived from filed accounts. Not audited figures.