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Milenco Limited

02803864

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BLACKHILL DRIVE, MILTON KEYNES, MK12 5TS
Incorporated 26/03/1993

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 23/03/2026

Due 06/04/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Frederick Nigel Milbank

director · Since 29/03/1993

DIRECTOR

BRITISH · ISLE OF MAN · Age 67

Also on 1 other board

Nicola Pauline Ward

secretary · Since 28/02/2004

BRITISH · Age 54

Also on 1 other board

Mr David Charles Johnston

director · Since 01/12/2014

DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Frederick Nigel Milbank

75–100% shares

British · Isle Of Man · Age 67

Blackhill Drive, Milton Keynes, MK12 5TS

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 13/12/2013Registered 23/12/2013
charge
satisfied

BARCLAYS BANK PLC

Created 12/02/2003Registered 19/02/2003Satisfied 29/01/2014
charge
satisfied

POSTEL PROPERTIES LIMITED AND DAI-ICHI (LONDON) LIMITED

Created 26/05/1993Registered 14/06/1993Satisfied 28/03/2003

CompanyRankvs 2398+ SIC 25990 peers
57

Financial strength17th percentile among SIC peers · 4/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2398Milenco Limited
67
How is this score calculated?
Financial strength4/25 pts

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

Employees13/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£2

Balance sheet strength

Cash

£8.8M

Cash in the bank

Net Current Assets

£7.4M

Working capital

Current Assets

£12.6M

Current Liabilities

£5.2M

Fixed Assets

£154k

Debtors

£2.4M

Profit After Tax

£4.2M

15avg. employees

Tax at Year End

Corp tax£458k
Dividends paid£1.9M

Balance Sheet

Assets less current liabilities£7.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.41

Derived from filed accounts. Not audited figures.