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Willican (Mih) Limited

12386222

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

46 HULLBRIDGE ROAD, CHELMSFORD, CM3 5NG
Incorporated 06/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr William Henry Polston

director · Since 06/01/2020

CONSULTANT

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Persons with Significant Control

Abundat Holdings Limited

75–100% shares
75–100% votes

46, Hullbridge Road, Chelmsford, CM3 5NG

Reg: 12489805 · Register Of Companies · Private Limited Company

Notified 05/03/2020

Former PSCs

Mr William Henry Polston

Ceased 05/03/2020

Xenan Holdings Ltd

Ceased 01/12/2022

CompanyRankvs 137981+ SIC 70229 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

Longevity7/15 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

-£310k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£194k

Working capital

Current Assets

£184k

Current Liabilities

£383k

Fixed Assets

£6k

5avg. employees+3

Balance Sheet

Assets less current liabilities-£188k
Signed by Mr William Polston 22nd September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48-£78k
20230.60

Derived from filed accounts. Not audited figures.