Company Overview
Millward Modular Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Wednesday 05 July 2017, so this is a well established company. Millward Modular Limited has been in business for 8 years and 8 months. The accounts status is unaudited abridged and the accounts are next due on Tuesday 30 April 2024.
Registered Address

The Town Hall Burnley Road, Padiham, Burnley, Lancashire, BB12 8BS
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Companies House Data
Company NameMILLWARD MODULAR LIMITED
Company Number10851908
Registered Office AddressThe Town Hall Burnley Road
 Padiham
 BB12 8BS
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date05/07/2017
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2024
Accounts Last Made Up Date31/07/2022
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date02/08/2018
Previous Company NameChanged Date
MILLWARD SERVICES LIMITED29 Jul 2020
Directors & Members
Show Resigned
Stuart Watson - Director
(British, 40 years old, born June 1986)
Appointed 05 July 2017
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Stuart Watson
ECOVENT CLIMATE CONTROL LIMITED
MILLWARD HIRE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Jul-2022 31-Jul-2021 31-Jul-2020
Balance Sheet
Fixed Assets 151,190 559 972
Current Assets 216,266 70,268 61,481
Creditors Due Within One Year 236,100 99,055 62,451
Working Cap -19,834 -28,787 -970
Total Assets Less Current Liabilities 131,356 -28,228 2
Long-term Liabilities 104,273 0 0
Net Assets 27,083 -28,228 2
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 27,083 -28,228 2
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2022 31-Jul-2021 31-Jul-2020
Tangible Fixed Assets - - -
Fixed Assets 41.1% 0.8% 1.6%
Stocks Inventory - - -
Debtors 45.7% 80.1% 97.7%
Cash Bank In Hand 13.1% 19.1% 0.7%
Current Assets 58.9% 99.2% 98.4%
Creditors Due Within One Year 64.3% 139.9% 100.0%
Net Current Assets Liabilities -5.4% -40.6% -1.6%
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 7.4% -39.9% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 35.7% -39.9% 0.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2022 31-Jul-2021 31-Jul-2020
Liquidity Ratio 0.9 0.7 1.0
Solvency Ratio 1.1 0.7 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2022 31-Jul-2021 31-Jul-2020
Assets 367,456 70,827 62,453
Debt 340,373 99,055 62,451
Net Assets/Debt 27,083 -28,228 2
As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 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. Information provided by Companies House shows Liquidation.

Unlock full report  As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 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. Information provided by Companies House shows Liquidation.  As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 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. Information provided by Companies House shows Liquidation.

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 BB12 8BS
No other companies found in the same location
Document Filings
Liquidators' statement of receipts and payments to 11 April 2025
Liquidators' statement of receipts and payments to 11 April 2024
Registered office address changed from 66 Canberra View Barton upon Humber Lincolnshire DN18 5GR England to The Town Hall Burnley Road Padiham Burnley Lancashire BB12 8BS on 26 April 2023
Appointment of a voluntary liquidator
Resolutions
Statement of affairs
Confirmation statement made on 11 January 2023 with updates
Confirmation statement made on 19 July 2022 with no updates
Notification of Stuart John William Watson as a person with significant control on 20 July 2021
Withdrawal of a person with significant control statement on 16 May 2022
Confirmation statement made on 19 July 2021 with no updates
Director's details changed for Mr Stuart John William Watson on 25 February 2021
Registered office address changed from 15 Runnymede Lane Kingswood Hull East Yorkshire HU7 3AD England to 66 Canberra View Barton upon Humber Lincolnshire DN18 5GR on 8 February 2021
Resolutions
Confirmation statement made on 19 July 2020 with updates
Confirmation statement made on 19 July 2019 with updates
Confirmation statement made on 19 July 2018 with updates
Termination of appointment of Gemma Ann Watson as a director on 1 June 2018
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