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Milfab Ltd

13796991

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

10 GARDNER ROAD, KETTERING, NN15 5XQ
Incorporated 13/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Kevin Millett

director · Since 13/12/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Kevin Millett

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

British · England · Age 42

Unit D, Higham Road, Kettering, NN15 5PU

Notified 13/12/2021

CompanyRankvs 6095+ SIC 25990 peers
33

Financial strength21th percentile among SIC peers · 5/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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6095Milfab Ltd
32
How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 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.

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 31/12/2024

Net Worth

£93

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£10k

Current Liabilities

£48k

Fixed Assets

£38k

2avg. employees-1

Balance Sheet

Assets less current liabilities£93
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.21
20230.52
20220.92

Derived from filed accounts. Not audited figures.