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Millard Electrical Services Ltd

13117846

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)
  • Current liabilities exceed current assets (-10)

Details

WEST POINT, SECOND FLOOR MUCKLOW OFFICE PARK, HALESOWEN, B62 8DY
Incorporated 06/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Roger John Millard

director · Since 20/10/2021

ELECTRICIAN

BRITISH · WALES · Age 48

Persons with Significant Control

Mr Roger Millard

75–100% shares

British · Wales · Age 48

West Point, Second Floor, Mucklow Office Park, Halesowen, B62 8DY

Notified 06/01/2021

Former PSCs

Mrs Carol Yvonne Millard

Ceased 06/01/2021

CompanyRankvs 37061+ SIC 43210 peers
36

Financial strength30th percentile among SIC peers · 8/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees1/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£163

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£54k

Current Liabilities

£65k

Fixed Assets

£15k

Debtors

£50k

0avg. employees-2

Tax at Year End(2024)

Corp tax£13k

Balance Sheet

Assets less current liabilities£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84—
20241.29+£39k
20230.37—

Derived from filed accounts. Not audited figures.