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Millapps Ltd

09752320

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

RICHFIELDS, SUITE 3 CONGRESS HOUSE, HARROW, HA1 2EN
Incorporated 27/08/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Rahul Chaudhari

director · Since 27/08/2015

IT SOFTWARE SERVICES AND CONSULTING

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Rahul Chaudhari

50–75% shares
50–75% votes
Appoint directors
Significant control

British · England · Age 46

Richfields, Suite 3, Congress House, Harrow, HA1 2EN

Notified 26/08/2016

CompanyRankvs 6720+ SIC 62020 peers
80

Financial strength91th percentile among SIC peers · 23/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 15.7× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 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.

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

£148k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£146k

Working capital

Current Assets

£156k

Current Liabilities

£10k

Fixed Assets

£1k

2avg. employees

Balance Sheet

Assets less current liabilities£148k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202415.70+£13k
202311.74-£15k
202218.26-£11k
202115.13-£10k
20207.49+£11k
20195.61+£51k

Derived from filed accounts. Not audited figures.