Milbank Ventures Limited
07968628
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/02/2012
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 24 other boards
director · Since 22/07/2016
ACCOUNTANT
BRITISH · ENGLAND · Age 46
Also on 2 other boards
director · Since 01/02/2023
STUDENT
BRITISH · ENGLAND · Age 23
Also on 1 other board
director · Since 20/05/2026
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Mr Sean Rickard Milbank
British · England · Age 56
Lindsey House, Brunel Way, Colchester, CO4 9QX
Notified 06/04/2016
Charges1 outstanding
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CompanyRankvs 4087+ SIC 70100 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con
Key FinancialsYear ending 31/12/2022
Net Worth
£3.6M
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£32k
Working capital
Current Assets
£1.5M
Current Liabilities
£1.5M
Fixed Assets
£11.9M
Debtors
£1.5M
Profit After Tax
£2.5M
Tax at Year End
People Costs(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.98 | +£1.7M |
| 2021 | 0.24 | +£1.3M |
| 2020 | 0.47 | -£7.5M |
| 2019 | 0.21 | — |
Derived from filed accounts. Not audited figures.