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Milo Finco Limited

13424584

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

11 IRONMONGER LANE, LONDON, EC2V 8EY
Incorporated 27/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Ian Christopher Brown

director · Since 21/06/2021

CHAIRMAN

BRITISH · IRELAND · Age 62

Also on 11 other boards

Mr Patrick Mc Hale

director · Since 21/06/2021

DIRECTOR

IRISH · IRELAND · Age 39

Also on 11 other boards

Mr Matt Tomlinson

director · Since 01/10/2025

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Milo Midco 1 Limited

75–100% shares
75–100% votes
Appoint directors

11, Ironmonger Lane, London, EC2V 8EY

Reg: 13421501 · Companies House · Private Limited Company

Notified 14/06/2021

Former PSCs

Milo Midco 2 Limited

Ceased 14/06/2021

Charges2 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 13/05/2025Registered 16/05/2025
Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 30/09/2021Registered 05/10/2021

CompanyRankvs 573200+ SIC 64209 peers
6

Financial strength3th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity5/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue. Our responsibilities, and the responsibilities of the Directors , with respect

Key FinancialsYear ending 31/12/2024

Net Worth

-£132k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£114k

Bottom line earnings

Net Current Assets

-£340k

Working capital

Current Assets

£16k

Current Liabilities

£356k

Fixed Assets

£89.0M

Debtors

£16k

Admin Expenses

£114k

Operating Profit

-£114k

Profit After Tax

-£114k

0avg. employees

Balance Sheet

Assets less current liabilities£88.7M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20240.05

Derived from filed accounts. Not audited figures.