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The Milkshake Bar1 Ltd

14368965

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

20 Cameron Road, Ilford, IG3 8LB
Incorporated 21/09/2022

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

56290
Other food service activities

Officers

Mr Rajvinder Singh Bains

director · Since 21/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Rajvinder Singh Bains

director · Since 21/09/2022

British · England · Age 39

Persons with Significant Control

Mr Rajvinder Singh Bains

75–100% shares
75–100% votes

British · England · Age 39

20, Cameron Road, Ilford, IG3 8LB

Notified 21/09/2022

Change History

officer appointedBAINS, Rajvinder Singh
2026-07-27
statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line120 Cameron Road
2026-07-27

20 CAMERON ROAD

post townIlford
2026-07-27

ILFORD

CompanyRankvs 14886+ SIC 56290 peers
34

Financial strength8th percentile among SIC peers · 2/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

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

Key FinancialsYear ending 30/06/2026

Net Worth

-£36k

Balance sheet strength

Cash

£125

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£175

Current Liabilities

£3k

Fixed Assets

£12k

3avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities-£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20260.07-£31k
20240.58
20230.76

Derived from filed accounts. Not audited figures.