Company Overview
Mills Forgings Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 21 November 1946, so this is a well established company. Mills Forgings Limited has been in business for 79 years and 4 months. The accounts status is total exemption full and the accounts are next due on Monday 30 November 2026.
Registered Address

. Charterhouse Road, Coventry, CV1 2BJ
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Companies House Data
Company NameMILLS FORGINGS LIMITED
Company Number00424123
Registered Office Address. Charterhouse Road
 CV1 2BJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date21/11/1946
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2026
Accounts Last Made Up Date28/02/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/12/2016
Returns Last Made Up Date29/11/2015
Directors & Members
Show Resigned
Robert Allcott - Director
(British, 50 years old, born July 1976)
Appointed 01 March 2013
 Active
Laurence Joyce - Director
(British, 78 years old, born October 1948)
Appointed 01 November 1994
 Active
Janet O'brien - Director
(British, 63 years old, born October 1963)
Appointed 01 August 2005
 Active
Roger Simmons - Director
(British, 62 years old, born April 1964)
Appointed 01 March 1994
 Active
Secretaries
Show Resigned
Janet O'brien - Secretary
(British)
Appointed 20 December 2005
 Active
Other Company Directorships
Robert Allcott
No companies found
Laurence Joyce
ABG CONSTRUCTION & MINERAL TOOLS LIMITED
KIMBER DROP FORGINGS LIMITED
KIMBERMILLS INTERNATIONAL LIMITED
KIMBERMILLS LIMITED
PRECISE SPECIFICATIONS LIMITED
TARONT LIMITED
Janet O'brien
KIMBER DROP FORGINGS LIMITED
Roger Simmons
KIMBER DROP FORGINGS LIMITED
Balance Sheet Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Balance Sheet
Fixed Assets 229,859 229,859 253,832
Current Assets 878,479 878,479 973,698
Creditors Due Within One Year 766,340 766,340 767,994
Working Cap 112,139 112,139 205,704
Total Assets Less Current Liabilities 341,998 341,998 459,536
Long-term Liabilities 276,998 276,998 394,536
Net Assets 65,000 65,000 65,000
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 65,000 65,000 65,000
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Tangible Fixed Assets - - -
Fixed Assets 20.7% 20.7% 20.7%
Stocks Inventory - - -
Debtors 48.0% 48.0% 52.1%
Cash Bank In Hand 8.9% 8.9% 10.2%
Current Assets 79.3% 79.3% 79.3%
Creditors Due Within One Year 69.1% 69.1% 62.6%
Net Current Assets Liabilities 10.1% 10.1% 16.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 5.9% 5.9% 5.3%
Capital Employed - - -
Total Assets Less Current Liabilities 30.9% 30.9% 37.4%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Liquidity Ratio 1.1 1.1 1.3
Solvency Ratio 1.1 1.1 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2023 28-Feb-2022
Assets 1,108,338 1,108,338 1,227,530
Debt 1,043,338 1,043,338 1,162,530
Net Assets/Debt 65,000 65,000 65,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around CV1 2BJ
CONNECTCOM LIMITED
16 Charterhouse Road, Coventry, CV1 2BJ
GSB COURIERS LIMITED
36 Charterhouse Road, Coventry, CV1 2BJ
Document Filings
Confirmation statement made on 29 November 2025 with no updates
Registered office address changed from . Charterhouse Road Coventry CV1 2BJ to Kimbermills Gawne Lane Old Hill Cradley Heath West Midlands B64 5QZ on 13 February 2026
Confirmation statement made on 29 November 2024 with updates
Director's details changed for Mrs Janet O'brien on 19 November 2024
Director's details changed for Roger Lloyd Simmons on 19 November 2024
Memorandum and Articles of Association
Resolutions
Change of share class name or designation
Cessation of Precise Specifications Limited as a person with significant control on 9 August 2024
Notification of Kimbermills International Limited as a person with significant control on 9 August 2024
Resolutions
Notification of Precise Specifications Limited as a person with significant control on 9 August 2024
Cessation of Laurence Joyce as a person with significant control on 9 August 2024
Change of share class name or designation
Resolutions
Confirmation statement made on 29 November 2023 with no updates
Director's details changed for Robert David Allcott on 6 November 2023
Confirmation statement made on 29 November 2022 with no updates
Confirmation statement made on 29 November 2021 with no updates
Confirmation statement made on 29 November 2020 with updates
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