Milient Software Ltd
11117108
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
Persons with Significant Control
Former PSCs
Mr Matthew Paul Nickerson
Ceased 14/03/2024
Mr Aidan Mark Boustred
Ceased 14/03/2024
Milient Software As
Ceased 01/10/2025
Charges1 outstanding
NORDIC TRUSEE AS AS SECURITY TRUSTEE FOR EACH OF THE SECURED PARTIES (AS DEFINED IN THE INSTRUM
CompanyRankvs 75051+ SIC 62020 peers26
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the lease term. 2 Audit information The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified and included the following material uncertainty related to going concern paragraph: “We draw attention to the Going concern section of note 1 in the financial statements which indicates that at 31 December 2025, the Company had net current liabilities of £73,454
Key FinancialsYear ending 31/12/2025
Net Worth
-£74k
Balance sheet strength
Cash
£97k
Cash in the bank
Net Current Assets
-£73k
Working capital
Current Assets
£394k
Current Liabilities
£467k
Fixed Assets
£3k
Debtors
£297k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.84 | -£160k |
| 2024 | 1.25 | -£23k |
| 2023 | 6.63 | — |
Derived from filed accounts. Not audited figures.