Millfield Precision Engineering Limited
10539599
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Kristian Stuart Avrill
British · England · Age 52
5 Englands Way, Chard, TA20 1EF
Notified 23/12/2016
Former PSCs
Jamie Douglas John Chard
Ceased 01/12/2022
CompanyRankvs 17676+ SIC 96090 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£184k
Balance sheet strength
Cash
£152k
Cash in the bank
Net Current Assets
£12k
Working capital
Current Assets
£285k
Current Liabilities
£245k
Fixed Assets
£364k
Debtors
£61k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.17 | -£34k |
| 2023 | 1.64 | — |
Derived from filed accounts. Not audited figures.