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Millard Installations Electrical Services Ltd

16351556

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

2 PALMERSTON AVENUE, WORTHING, BN12 4RN
Incorporated 28/03/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Ross Millard

director · Since 28/03/2025

ELECTRICIAN

ENGLISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Ross Millard

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

English · England · Age 40

2, Palmerston Avenue, Worthing, BN12 4RN

Notified 28/03/2025

CompanyRankvs 33832+ SIC 43210 peers
41

Financial strength59th percentile among SIC peers · 15/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/03/2026

Net Worth

£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£4k

Current Liabilities

£7k

Fixed Assets

£15k

1avg. employees
Signed by 16351556 2025-03-28 2026-03-31 16351556 2026-03-31 16351556 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20260.58

Derived from filed accounts. Not audited figures.