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Mildtech Uk Ltd

14518989

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 6B, NEWPORT, TF10 9LH
Incorporated 01/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10390
Other processing and preserving of fruit and vegetables
10890
Manufacture of other food products
26110
Manufacture of electronic components
28930
Manufacture of machinery for food, beverage and tobacco processing

Officers

Mr Georgios Vanezi

director · Since 01/12/2022

BUSINESS PERSON

BRITISH · ENGLAND · Age 66

Mr Vasos Vanezi

director · Since 01/12/2022

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 28

Also on 1 other board

Mrs Yiannoulla Vanezi

director · Since 01/12/2022

BUSINESS PERSON

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Mr Andreas Vanezi

director · Since 01/07/2023

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Persons with Significant Control

Mr Vasos Vanezi

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

British · England · Age 28

Unit 6b, Ni Park, Newport, TF10 9LH

Notified 01/12/2022

Mr Georgios Vanezi

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

British · England · Age 66

Unit 6b, Ni Park, Newport, TF10 9LH

Notified 01/12/2022

Former PSCs

Mrs Yiannoulla Vanezi

Ceased 22/04/2025

CompanyRankvs 483+ SIC 10390 peers
24

Financial strength4th percentile among SIC peers · 1/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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483Mildtech Uk Ltd
33
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.

Employees12/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£78k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£222k

Working capital

Current Assets

£149k

Current Liabilities

£371k

Fixed Assets

£222k

Debtors

£145k

5avg. employees-1

Director Loans(2023)

Company owes directors£89k

Balance Sheet

Assets less current liabilities£816
Signed by Mr Vasos Vanezi 14 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40+£328
20230.57—

Derived from filed accounts. Not audited figures.