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Millennium Freight Solutions Ltd

14299523

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3 LAMBY WAY, CARDIFF, CF3 2EQ
Incorporated 16/08/2022

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

49410
Freight transport by road
52103
52103

Officers

Mr Daniel Rhys James

director · Since 16/08/2022

COMPANY DIRECTOR

WELSH · WALES · Age 34

Also on 6 other boards

Mr Andrew Thomson Main

director · Since 16/08/2022

COMPANY DIRECTOR

BRITISH · WALES · Age 35

Also on 2 other boards

Persons with Significant Control

Mr Andrew Thomson Main

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 35

Unit 3, Lamby Way, Cardiff, CF3 2EQ

Notified 16/08/2022

Mr Daniel Rhys James

25–50% shares
25–50% votes
Appoint directors

Welsh · Wales · Age 34

6, Gorsfach, Llanelli, SA14 8NE

Notified 16/08/2022

Charges1 outstanding

Charge
outstanding

DBW INVESTMENTS (10) LIMITED

Created 31/05/2023Registered 01/06/2023

CompanyRankvs 51401+ SIC 49410 peers
12

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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51401Millennium Freight Solutions Ltd
21
How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 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.

Longevity4/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£57k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£21k

Current Liabilities

£69k

Debtors

£16k

Balance Sheet

Assets less current liabilities-£48k
Signed by Mr Daniel James Mr Andrew Main 06/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31+£0
20250.31+£3k
20240.32-£12k
20230.52—

Derived from filed accounts. Not audited figures.