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Millin Cost Management Limited

10316011

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

95 SOUTHCOTE LANE, READING, RG30 3AH
Incorporated 08/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Tafadzwa Catherine Millin Millin

secretary · Since 08/08/2016

Ashley Arnold Millin

director · Since 08/08/2016

DIRECTOR

ZIMBABWEAN · UNITED KINGDOM · Age 49

Persons with Significant Control

Ashley Arnold Millin

75–100% shares
Significant control

Zimbabwean · United Kingdom · Age 49

95 Southcote Lane, Reading, RG30 3AH

Notified 08/08/2016

CompanyRankvs 94807+ SIC 82990 peers
51

Financial strength55th percentile among SIC peers · 14/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 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.

Longevity10/15 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

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£7k

Current Liabilities

£9k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71+£4k
20230.86
20221.00
20211.61-£3k
20202.00+£3k
20191.11-£2k
20181.23

Derived from filed accounts. Not audited figures.