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Millfield Essex Limited

12437410

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

12 WEST STREET, WARE, SG12 9EE
Incorporated 03/02/2020

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 22/04/2026

Due 06/05/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Edward Merner

director · Since 03/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 6 other boards

Mr Barry Edward Merner

director · Since 28/10/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 12 other boards

Persons with Significant Control

Mr Edward Merner

Significant control

British · England · Age 33

12, West Street, Ware, SG12 9EE

Notified 03/02/2020

Mr Barry Edward Merner

Significant control

British · United Kingdom · Age 68

12, West Street, Ware, SG12 9EE

Notified 11/11/2020

Former PSCs

Mr Jack Richard Harvey

Ceased 10/11/2020

Charges2 outstanding

Charge
outstanding

ATELIER CAPITAL PARTNERS LIMITED

Created 28/05/2021Registered 02/06/2021
Charge
outstanding

ATELIER CAPITAL PARTNERS LIMITED

Created 28/05/2021Registered 02/06/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 04/05/2021Registered 19/05/2021Satisfied 09/08/2021
Charge
satisfied

BRACKLANDS LIMITED

Created 02/11/2020Registered 10/11/2020Satisfied 09/08/2021

CompanyRankvs 15692+ SIC 68100 peers
59

Financial strength96th percentile among SIC peers · 24/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 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.

Longevity6/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 29/02/2024

Net Worth

£1.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£11.3M

Current Liabilities

£8.5M

2avg. employees+2

Balance Sheet

Assets less current liabilities£2.7M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.32-£2.2M
20231.05+£1.6M
20221.19+£1.6M
20216.87

Derived from filed accounts. Not audited figures.