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Milgate Ltd

11558522

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

3A CLIFTON SQUARE, LYTHAM ST. ANNES, FY8 5JP
Incorporated 07/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys
46720
Wholesale of metals and metal ores

Officers

Mr Derradji Rahmani

director · Since 07/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Derradji Rahmani

75–100% shares
75–100% votes
Appoint directors

British · England · Age 56

3a, Clifton Square, Lytham St. Annes, FY8 5JP

Notified 01/09/2021

CompanyRankvs 227+ SIC 24100 peers
61

Financial strength79th percentile among SIC peers · 20/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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

£353k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£355k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.6M

1avg. employees

Balance Sheet

Assets less current liabilities£355k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£21k
20231.21—

Derived from filed accounts. Not audited figures.