Back to search

Project Milan Bidco Limited

15793205

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT A, CLECKHEATON, BD19 4DH
Incorporated 21/06/2024

Compliance

Last accounts

30/04/2025

full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

64204
Activities of distribution holding companies

Officers

Mr Adam Gillard

director · Since 21/08/2024

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 46

Also on 5 other boards

Mr Colin Robert Stirling

director · Since 21/08/2024

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 7 other boards

Persons with Significant Control

Project Milan Midco 2 Limited

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

Unit A, Riverside Drive, Cleckheaton, BD19 4DH

Reg: 15793130 · Companies House · Limited By Shares

Notified 21/06/2024

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY) AS SECURITY TRUSTEE

Created 11/07/2024Registered 16/07/2024

CompanyRankvs 568+ SIC 64204 peers
22

Financial strength79th percentile among SIC peers · 20/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength20/25 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.

Longevity2/15 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 when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/04/2025

Net Worth

£265k

Balance sheet strength

Cash

£10k

Cash in the bank

Profit Before Tax

£265k

Bottom line earnings

Net Current Assets

-£26.6M

Working capital

Current Assets

£4.2M

Current Liabilities

£30.9M

Debtors

£4.2M

Admin Expenses

£524k

Profit After Tax

£265k

0avg. employees

People Costs

Wages & salaries£341k

Balance Sheet

Bank loans & overdrafts£19.4M
Assets less current liabilities£18.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.14

Derived from filed accounts. Not audited figures.