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Mils Legal Ltd

11609075

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

CANONTEIGN HOUSE, EXETER, EX6 7RH
Incorporated 08/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69109
Activities of patent and copyright agents; other legal activities

Officers

Ms Katharine Mary Davidson

director · Since 08/10/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Persons with Significant Control

Ms Katharine Mary Davidson

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

British · United Kingdom · Age 64

Canonteign House, Lower Ashton, Exeter, EX6 7RH

Notified 08/10/2018

CompanyRankvs 4842+ SIC 69109 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.21× · 2/20
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 strength0/25 pts

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

Employees15/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£182k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£294k

Current Liabilities

£1.4M

Fixed Assets

£928k

Debtors

£178k

11avg. employees

Balance Sheet

Intangible assets£200k
Assets less current liabilities-£182k
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21+£32k
20230.23-£127k
20220.23

Derived from filed accounts. Not audited figures.