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Milford Flats Limited

10503468

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

GRAND HOTEL BUILDINGS, 1ST FLOOR OFFICE, SWANSEA, SA1 1NX
Incorporated 30/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Cornelius Jeremiah Moloney

director · Since 30/11/2016

COMPANY DIRECTOR

IRISH · IRELAND · Age 68

Also on 8 other boards

Mrs Michelle Thomas

director · Since 11/08/2024

DIRECTOR

BRITISH · WALES · Age 36

Also on 3 other boards

Persons with Significant Control

Phirsk Hotels Limited

75–100% shares

First Floor, The Grand Hotel Buildings, Ivey Place, Swansea, SA1 1NX

Reg: 10459096 · England And Wales · Limited Company

Notified 31/12/2024

Former PSCs

Mr Cornelius Jeremiah Moloney

Ceased 30/08/2019

Wind Street Holdings Limited

Ceased 04/03/2020

Mr Michael Thompson

Ceased 30/08/2019

Isola Bella Group Limited

Ceased 05/05/2020

Mr Colin William Moloney

Ceased 31/12/2024

Charges3 outstanding

Charge
outstanding

PROPLEND SECURITY LIMITED

Created 05/06/2025Registered 05/06/2025
Charge
outstanding

PROPLEND SECURITY LIMITED

Created 05/06/2025Registered 05/06/2025
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 29/05/2020Registered 02/06/2020
Charge
satisfied

PROPLEND SECURITY LIMITED

Created 20/03/2019Registered 25/03/2019Satisfied 29/05/2020
Charge
satisfied

PROPLEND SECURITY LIMITED

Created 20/03/2019Registered 25/03/2019Satisfied 29/05/2020
Charge
satisfied

PROPLEND SECURITY LIMITED

Created 13/06/2017Registered 21/06/2017Satisfied 26/03/2019
Charge
satisfied

PROPLEND SECURITY LIMITED

Created 13/06/2017Registered 19/06/2017Satisfied 26/03/2019

CompanyRankvs 101611+ SIC 68100 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

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.

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 30/06/2025

Net Worth

-£112k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£19k

Current Liabilities

£46k

Fixed Assets

£279k

2avg. employees

Balance Sheet

Assets less current liabilities£252k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42+£0
20250.42-£13k
20240.10-£17k
20230.01-£24k
20220.03-£114k
20210.00-£6k
20200.01+£4k
20190.02+£44k
20180.01

Derived from filed accounts. Not audited figures.