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Millrace Electrical Ltd

13971249

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

5 MILLRACE CLOSE, ROCHDALE, OL11 2LY
Incorporated 11/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Shaun Robinson

director · Since 11/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Mr Shaun Robinson

75–100% shares
25–50% votes

British · United Kingdom · Age 37

5 Millrace Close, Rochdale, OL11 2LY

Notified 11/03/2022

Mrs Victoria Robinson

25–50% shares
25–50% votes

British · England · Age 28

5 Millrace Close, Rochdale, OL11 2LY

Notified 27/06/2022

Former PSCs

Mrs Victoria Robinson

Ceased 20/06/2022

CompanyRankvs 18633+ SIC 43210 peers
56

Financial strength53th percentile among SIC peers · 13/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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18633Millrace Electrical Ltd
55
How is this score calculated?
Financial strength13/25 pts

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

Employees11/15 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.

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 31/03/2025

Net Worth

£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£71k

Current Liabilities

£60k

Fixed Assets

£25k

3avg. employees

Balance Sheet

Assets less current liabilities£36k
Signed by Mr Shaun Robinson 31st March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.20+£825
20241.44-£8k
20230.67—

Derived from filed accounts. Not audited figures.