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Future Milking Technology Limited

13331799

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 13/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28302
28302

Officers

Mr Antonio Mario Solazzo

director · Since 13/04/2021

NONE

BRITISH · UNITED KINGDOM · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Antonio Mario Solazzo

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

British · United Kingdom · Age 54

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 13/04/2021

CompanyRankvs 192+ SIC 28302 peers
39

Financial strength31th percentile among SIC peers · 8/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 12.59× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Based on these assessments and having regard to the resources available to the entity, the director has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Fixed asset investments Interests in associates are initially measured at cost and subsequently measured at cost less an

Key FinancialsYear ending 30/04/2025

Net Worth

£263

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

£121k

Working capital

Current Assets

£132k

Current Liabilities

£10k

Debtors

£52k

0avg. employees

Tax at Year End(2022)

Corp tax£915

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
202512.59
20247.27
20230.30
20220.02

Derived from filed accounts. Not audited figures.