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Millbank Northwest Engineering Ltd

16184774

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

C/O VANTAGE ACCOUNTING 1 CEDAR OFFICE PARK, WIMBORNE, BH21 7SB
Incorporated 15/01/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Glenn Potgieter

director · Since 15/01/2025

MECHANICAL ENGINEER

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Glenn Potgieter

75–100% shares
75–100% votes
Appoint directors

British · England · Age 60

C/O Vantage Accounting, 1 Cedar Office Park, Wimborne, BH21 7SB

Notified 15/01/2025

CompanyRankvs 19729+ SIC 71129 peers
39

Financial strength62th percentile among SIC peers · 16/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio -4× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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19729Millbank Northwest Engineering Ltd
36
How is this score calculated?
Financial strength16/25 pts

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

Employees4/15 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.

Longevity2/15 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 31/01/2026

Net Worth

£15k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£11k

Current Liabilities

-£3k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20264.00

Derived from filed accounts. Not audited figures.