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Milburn Storage Ltd

09649106

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

11 FREEMAN WAY, ASHINGTON, NE63 0YB
Incorporated 20/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Christopher Allington

director · Since 20/06/2015

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Mr Raymond Allington

director · Since 20/06/2015

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Christopher Allington

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

11 Freeman Way, Ashington, NE63 0YB

Notified 06/04/2016

Mr Raymond Allington

25–50% shares
25–50% votes
Appoint directors

British · England · Age 63

11 Freeman Way, Ashington, NE63 0YB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 30/01/2020Registered 04/02/2020

CompanyRankvs 14655+ SIC 96090 peers
61

Financial strength92th percentile among SIC peers · 23/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 265.07× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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14655Milburn Storage Ltd
71
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.

Employees2/15 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.

Longevity11/15 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 31/10/2025

Net Worth

£214k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£214k

Working capital

Current Assets

£215k

Current Liabilities

£810

0avg. employees

Balance Sheet

Assets less current liabilities£214k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025265.07-£313
202433.48+£13k
202313.88—

Derived from filed accounts. Not audited figures.