Millennium Commercial Finance Limited
12384906
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 02/01/2026
Due 16/01/2027
Industry
Officers
secretary · Since 03/01/2020
director · Since 03/01/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 2 other boards
secretary · Since 03/01/2020
Persons with Significant Control
Mr Saied Patel
British · United Kingdom · Age 53
Suite 12, The White House, 42-44 Chorley New Road, Bolton, BL1 4AP
Notified 03/01/2020
Change History
Active
Private Limited Company
SUITE 12, THE WHITE HOUSE
BOLTON
CompanyRankvs 15069+ SIC 64999 peers43
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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 31/03/2025
Net Worth
-£647
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£253
Working capital
Current Assets
£845
Current Liabilities
£592
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.43 |
| 2024 | 1.31 |
| 2023 | 2.99 |
Derived from filed accounts. Not audited figures.