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Milakata Ltd

10918307

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

AMBE HOUSE, EDENBRIDGE, TN8 6ED
Incorporated 16/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Bemal Patel

director · Since 16/08/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 41 other boards

Persons with Significant Control

Mr Bemal Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Ambe House, Commerce Way, Edenbridge, TN8 6ED

Notified 16/08/2017

Chirag Patel

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust

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

Charge
outstanding

STANDARD CHARTERED BANK, JERSEY BRANCH

Created 06/12/2022Registered 15/12/2022
Charge
outstanding

STANDARD CHARTERED BANK, JERSEY BRANCH

Created 17/06/2021Registered 25/06/2021

CompanyRankvs 33447+ SIC 68100 peers
54

Financial strength99th percentile among SIC peers · 25/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

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

Longevity9/15 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 31/03/2025

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

1avg. employees

Tax at Year End

Corp tax£300

Balance Sheet

Bank loans & overdrafts£22.9M
Assets less current liabilities£4.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78+£0
20250.78+£10k
20240.77-£115k
20230.86-£725k
20220.80+£4.8M
20200.97
20190.89
20181.02

Derived from filed accounts. Not audited figures.