Million Labs Limited
11522442
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 16/08/2025
Due 30/08/2026
Industry
Officers
Persons with Significant Control
Simon Jenner
British · England · Age 51
6, Turner Croft, Fradley Lichfield, WS13 8SA
Notified 16/09/2022
Former PSCs
Mr Jonathan Mark Walters
Ceased 26/10/2023
CompanyRankvs 6157+ SIC 62012 peers76
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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 31/08/2024
Net Worth
£149k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£164k
Working capital
Current Assets
£194k
Current Liabilities
£37k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.27 | +£13k |
| 2023 | 9.32 | +£12k |
| 2022 | 3.59 | +£44k |
| 2021 | 4.73 | +£57k |
| 2020 | 1.73 | +£8k |
| 2019 | -0.02 | — |
Derived from filed accounts. Not audited figures.