The Firmwatch take
Millen & Co Limited (06386057) currently shows: At risk signal detected, based on accounts to 31 December 2024; last refreshed 24 May 2026. Insolvency event on the public record: winding-up petition.
Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
1 October 2007
18 years on the register
Sector
Accounting and auditing activities
SIC 69201
Size
Not classified
Net assets
£120k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
36/100
watch risk
Estimated public-data value
£90,266 - £162,478
medium confidence - net asset range
Sector comparison
Sector: Accountancy and Tax
Sample: 24,409 companies
Negative net assets: 12.7%
- Net assets vs sector median
- £117,215
- Working capital vs sector median
- -£10,934
- Sector median current ratio
- 1.51
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Top 10% in sector · Sector medians shown for 24,409 filers in this sector (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£75,310
Current liabilities
Amounts due within one year (short-term creditors).
£80,380
Working capital
Current assets minus current liabilities.
-£5,070
Median £6k
Fixed assets
Long-term tangible and intangible assets.
£132,581
Total assets less current liabilities
Fixed assets plus working capital.
£127,511
Net assets
What's left after liabilities are deducted from assets.
£120,354
Median £3k
Equity (capital & reserves)
Shareholder funds.
£120,354
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.9×
Median 1.5×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.