Millennium Freight Solutions Ltd
14299523
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 15/08/2025
Due 29/08/2026
Industry
Officers
Daniel Rhys James
director · Since 16/08/2022
Welsh
Andrew Thomson Main
director · Since 16/08/2022
British
CompanyRankvs 448430+ SIC 49410 peers22
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
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
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.31 | +£0 |
| 2025 | 0.31 | +£3k |
| 2024 | 0.32 | — |
Derived from filed accounts. Not audited figures.