Back to search

Millstone Land And Developments Ltd

09845725

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

14 & 15 SOUTHERNHAY WEST, EXETER, EX1 1PL
Incorporated 28/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Karim Ladhu

secretary · Since 28/10/2015

Mr Karim Ladhu

director · Since 28/10/2015

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 60

Also on 15 other boards

Persons with Significant Control

Mr Karim Ladhu

75–100% shares
75–100% votes
Appoint directors

British · England · Age 60

47, Elm Tree Road, Weston-Super-Mare, BS24 8EJ

Notified 27/10/2016

Charges2 outstanding

Charge
outstanding

CROWD PROPERTY LIMITED

Created 10/08/2018Registered 15/08/2018
Charge
outstanding

FUNDINGSECURE LIMITED

Created 15/04/2016Registered 20/04/2016

CompanyRankvs 30971+ SIC 41100 peers
46

Financial strength85th percentile among SIC peers · 21/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength21/25 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.

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.

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 31/10/2021

Net Worth

£210k

Balance sheet strength

Cash

£380

Cash in the bank

Net Current Assets

-£940k

Working capital

Current Assets

£248k

Current Liabilities

£1.2M

Fixed Assets

£1.2M

Debtors

£248k

1avg. employees

Tax at Year End

VAT£11k

Director Loans

Company owes directors£548

Balance Sheet

Assets less current liabilities£260k
Signed by Mr Karim Ladhu 29/07/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20210.21+£182k£213k
20200.22-£130k£213k
20190.21-£75k£213k
20180.23£213k

Derived from filed accounts. Not audited figures.