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Mcmillan Woods Audits Limited

13587443

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

42-44 BISHOPSGATE, LONDON, EC2N 4AH
Incorporated 26/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Lutfi Talib

director · Since 05/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 71

Mr Krishna Prasad Dahal

director · Since 28/10/2024

ACCOUNTANT

NEPALESE · ENGLAND · Age 52

Also on 8 other boards

Persons with Significant Control

Mr Lutfi Talib

25–50% shares

British · England · Age 71

42-44, Bishopsgate, London, EC2N 4AH

Notified 03/07/2024

Former PSCs

Welbeck And Bradwell Limited

Ceased 19/05/2022

Malcolm Kearsley

Ceased 31/12/2023

Mr Mark John Stockwell

Ceased 30/09/2024

Mr Devender Arora

Ceased 03/07/2024

CompanyRankvs 16075+ SIC 69201 peers
63

Financial strength72th percentile among SIC peers · 18/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees9/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/12/2023

Turnover

£587k

Annual revenue

Net Worth

£27k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£61k

Current Liabilities

£35k

Fixed Assets

£859

Debtors

£49k

Cost of Sales

£262k

Gross Profit

£325k

Admin Expenses

£310k

Operating Profit

£15k

Profit After Tax

£12k

2avg. employees+1

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£27k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20231.76+£12k
20221.47

Derived from filed accounts. Not audited figures.