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Mile And A Third Limited

11219881

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

67 HAMLET COURT ROAD, WESTCLIFF-ON-SEA, SS0 7EU
Incorporated 22/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Mr Andrew Craig Ferguson

director · Since 22/02/2018

PUBLICAN

BRITISH · ENGLAND · Age 56

Mr Ross Nicholas Ferguson

director · Since 22/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Andrew Craig Ferguson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 56

67, Hamlet Court Road, Westcliff-On-Sea, SS0 7EU

Notified 22/02/2018

Mr Ross Nicholas Ferguson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 56

67, Hamlet Court Road, Westcliff-On-Sea, SS0 7EU

Notified 22/02/2018

CompanyRankvs 14588+ SIC 56302 peers
29

Financial strength34th percentile among SIC peers · 9/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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14588Mile And A Third Limited
39
How is this score calculated?
Financial strength9/25 pts

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

Employees5/15 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.

Longevity8/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

on a three-month basis. Clearly, being able to secure operational premises are fundamental to the company's ongoing activities. Consequently, the company's accounts are still prepared on a going concern basis but are subject to a material uncertainty in respect of the same. Furthermore, the company's accounts report a net balance sheet deficit, although this is broadly equivalent to the

Key FinancialsYear ending 28/02/2025

Net Worth

£1

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£19k

Current Liabilities

£52k

Fixed Assets

£691

Debtors

£13k

2avg. employees

Balance Sheet

Assets less current liabilities-£33k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36—
20240.39-£11k
20230.47—

Derived from filed accounts. Not audited figures.