Milakata Ltd
10918307
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/08/2017
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 41 other boards
Persons with Significant Control
Mr Bemal Patel
British · United Kingdom · Age 52
Ambe House, Commerce Way, Edenbridge, TN8 6ED
Notified 16/08/2017
Chirag Patel
British · United Kingdom · Age 47
132, Coombe Lane West, Kingston Upon Thames, KT2 7DD
Notified 17/12/2021
Former PSCs
Mrs Anna Elizabeth Attwater
Ceased 06/01/2026
Ms Lorna Heather Mccammon
Ceased 06/01/2026
Charges2 outstanding
STANDARD CHARTERED BANK, JERSEY BRANCH
STANDARD CHARTERED BANK, JERSEY BRANCH
CompanyRankvs 33447+ SIC 68100 peers54
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£4.0M
Balance sheet strength
Cash
£3.8M
Cash in the bank
Net Current Assets
-£6.4M
Working capital
Current Assets
£22.9M
Current Liabilities
£29.2M
Fixed Assets
£10.4M
Debtors
£19.1M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.78 | +£0 |
| 2025 | 0.78 | +£10k |
| 2024 | 0.77 | -£115k |
| 2023 | 0.86 | -£725k |
| 2022 | 0.80 | +£4.8M |
| 2020 | 0.97 | — |
| 2019 | 0.89 | — |
| 2018 | 1.02 | — |
Derived from filed accounts. Not audited figures.