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Millers Well Ltd

14651136

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

419-421 BARKING ROAD, LONDON, E6 2JX
Incorporated 09/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Vinod Bose

director · Since 09/02/2023

DIRECTOR

INDIAN · ENGLAND · Age 41

Also on 3 other boards

Mr Vadivelu Ramalingam

director · Since 27/04/2023

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 39

Also on 10 other boards

Persons with Significant Control

Mr Vinod Bose

50–75% shares
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes
voting-rights-50-to-75-percent-as-firm
Appoint directors

Indian · England · Age 41

419-421, Barking Road, London, E6 2JX

Notified 09/02/2023

CompanyRankvs 15454+ SIC 47190 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

Longevity3/15 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 28/02/2025

Turnover

£564k

Annual revenue

Net Worth

-£96k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£40k

Current Liabilities

£157k

Fixed Assets

£22k

Debtors

£20k

Cost of Sales

£222k

Gross Profit

£342k

Admin Expenses

£330k

Operating Profit

£15k

Profit After Tax

£7k

17avg. employees+1

Balance Sheet

Assets less current liabilities-£96k
Signed by Mr Vinod Bose 28/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.25+£47k
20244.50

Derived from filed accounts. Not audited figures.