Company Overview
Millennium Carpets Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 24 February 1999, so this is a well established company. Millennium Carpets Limited has been in business for 27 years and 1 month. The accounts status is total exemption full and the accounts are next due on Saturday 30 November 2024.
Registered Address

2F Brookvale Road, Solihull, B92 7HY
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Companies House Data
Company NameMILLENNIUM CARPETS LIMITED
Company Number03718996
Registered Office Address2f Brookvale Road
 B92 7HY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/02/1999
Accounting Reference Date Day29
Accounting Reference Date Month2
Accounts Next Due Date30/11/2024
Accounts Last Made Up Date28/02/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date24/03/2017
Returns Last Made Up Date24/02/2016
Directors & Members
Show Resigned
Thomas Polson - Director
(British, 76 years old, born December 1950)
Appointed 24 February 1999
 Active
Secretaries
Show Resigned
Georgene Polson - Secretary
(British)
Appointed 24 February 1999
 Active
Other Company Directorships
Thomas Polson
No companies found
Balance Sheet Unlock full report
Accounts Date 28-Feb-2023 28-Feb-2022 28-Feb-2021
Balance Sheet
Fixed Assets 0 927 1,159
Current Assets 43 353 3,316
Creditors Due Within One Year 275,665 279,800 282,555
Working Cap -275,622 -279,447 -279,239
Total Assets Less Current Liabilities -275,622 -278,520 -278,080
Long-term Liabilities 8,964 9,727 10,808
Net Assets -284,586 -288,247 -288,888
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -284,586 -288,247 -288,888
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2023 28-Feb-2022 28-Feb-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 72.4% 25.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 100.0% 27.6% 74.1%
Current Assets 100.0% 27.6% 74.1%
Creditors Due Within One Year 641081.4% 21859.4% 6314.1%
Net Current Assets Liabilities -640981.4% -21831.8% -6240.0%
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 -661827.9% -22519.3% -6455.6%
Capital Employed - - -
Total Assets Less Current Liabilities -640981.4% -21759.4% -6214.1%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2023 28-Feb-2022 28-Feb-2021
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 0.0 0.0 0.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2023 28-Feb-2022 28-Feb-2021
Assets 43 1,280 4,475
Debt 284,629 289,527 293,363
Net Assets/Debt -284,586 -288,247 -288,888
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
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Document Filings
Confirmation statement made on 24 February 2023 with no updates
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 24 February 2022 with no updates
Confirmation statement made on 24 February 2021 with no updates
Registered office address changed from 40 Charterhouse Drive Solihull B91 3FH England to 2F Brookvale Road Solihull B92 7HY on 8 February 2021
Confirmation statement made on 24 February 2020 with no updates
Confirmation statement made on 24 February 2019 with no updates
Confirmation statement made on 24 February 2018 with no updates
Registered office address changed from 6 Easenhall Close Knowle Solihull West Midlands B93 9QA to 40 Charterhouse Drive Solihull B91 3FH on 5 October 2017
Confirmation statement made on 24 February 2017 with updates
Annual return made up to 24 February 2016 with full list of shareholders
Annual return made up to 24 February 2015 with full list of shareholders
Registered office address changed from Waterside House Unit 3 Waterside Business Park 1649 Pershore Road Kings Norton Birmingham B30 3DR to 6 Easenhall Close Knowle Solihull West Midlands B93 9QA on 6 October 2014
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