milebank limited
milebank limited Company Information
Company Number
05878715
Website
-Registered Address
c/o s2 asset management ltd, argyle house, 3rd floor, norths, northwood hills, HA6 1NW
Industry
Activities of head offices
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Hardip Singh16 Years
Shareholders
t six llp 33.3%
bharat thakrar 33.3%
View Allmilebank limited Estimated Valuation
Pomanda estimates the enterprise value of MILEBANK LIMITED at £3.8k based on a Turnover of £5.7k and 0.67x industry multiple (adjusted for size and gross margin).
milebank limited Estimated Valuation
Pomanda estimates the enterprise value of MILEBANK LIMITED at £0 based on an EBITDA of £-5.2k and a 4.63x industry multiple (adjusted for size and gross margin).
milebank limited Estimated Valuation
Pomanda estimates the enterprise value of MILEBANK LIMITED at £0 based on Net Assets of £-7.5m and 0.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Milebank Limited Overview
Milebank Limited is a live company located in northwood hills, HA6 1NW with a Companies House number of 05878715. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2006, it's largest shareholder is t six llp with a 33.3% stake. Milebank Limited is a established, micro sized company, Pomanda has estimated its turnover at £5.7k with unknown growth in recent years.
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Milebank Limited Health Check
Pomanda's financial health check has awarded Milebank Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £5.7k, make it smaller than the average company (£20.8m)
- Milebank Limited
£20.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Milebank Limited
- - Industry AVG
Production
with a gross margin of 33.1%, this company has a comparable cost of product (33.1%)
- Milebank Limited
33.1% - Industry AVG
Profitability
an operating margin of -92.2% make it less profitable than the average company (5.8%)
- Milebank Limited
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (121)
- Milebank Limited
121 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- Milebank Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £5.7k, this is less efficient (£188.5k)
- Milebank Limited
£188.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Milebank Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (45 days)
- Milebank Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milebank Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Milebank Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4786.2%, this is a higher level of debt than the average (56.5%)
4786.2% - Milebank Limited
56.5% - Industry AVG
MILEBANK LIMITED financials
Milebank Limited's latest turnover from April 2023 is estimated at £5.7 thousand and the company has net assets of -£7.5 million. According to their latest financial statements, we estimate that Milebank Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 160,100 | 160,203 | 160,204 | 160,204 | 160,204 | 160,206 | 160,131 | 160,206 | 160,293 | 160,293 | 160,293 | 160,346 | 160,346 | 160,347 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 160,100 | 160,203 | 160,204 | 160,204 | 160,204 | 160,206 | 160,131 | 160,206 | 160,293 | 160,293 | 160,293 | 160,346 | 160,346 | 160,347 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 317,700 | 3,098,990 | 2,861,622 | 6,411,376 | 6,981,162 | 7,947,930 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 154,780 | 199,778 | 283,674 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 18,726 | 18,726 | 23,726 | 59,725 | 62,001 | 62,001 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 3,599 | 44,100 | 374 | 15,039 | 26,331 | 24,471 | 50,902 | 317,834 | 56,982 | 114,772 | 2,581 | 0 | 17,360 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 22,325 | 62,826 | 24,100 | 74,764 | 243,112 | 286,250 | 334,576 | 635,534 | 3,155,972 | 2,976,394 | 6,413,957 | 6,981,162 | 7,965,290 |
| total assets | 160,100 | 182,528 | 223,030 | 184,304 | 234,968 | 403,318 | 446,381 | 494,782 | 795,827 | 3,316,265 | 3,136,687 | 6,574,303 | 7,141,508 | 8,125,637 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,050 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,675,695 | 8,494,195 | 8,276,931 | 8,168,515 | 8,360,963 | 8,516,445 |
| Group/Directors Accounts | 7,081,491 | 7,081,491 | 7,122,816 | 7,082,566 | 7,472,858 | 7,499,902 | 7,542,322 | 7,230,249 | 0 | 0 | 0 | 0 | 0 | 800,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 580,109 | 598,441 | 641,651 | 725,498 | 743,121 | 820,161 | 820,101 | 1,156,253 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,662,650 | 7,679,932 | 7,764,467 | 7,808,064 | 8,215,979 | 8,320,063 | 8,362,423 | 8,386,502 | 8,675,695 | 8,494,195 | 8,276,931 | 8,168,515 | 8,360,963 | 9,316,445 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,662,650 | 7,679,932 | 7,764,467 | 7,808,064 | 8,215,979 | 8,320,063 | 8,362,423 | 8,386,502 | 8,675,695 | 8,494,195 | 8,276,931 | 8,168,515 | 8,360,963 | 9,316,445 |
| net assets | -7,502,550 | -7,497,404 | -7,541,437 | -7,623,760 | -7,981,011 | -7,916,745 | -7,916,042 | -7,891,720 | -7,879,868 | -5,177,930 | -5,140,244 | -1,594,212 | -1,219,455 | -1,190,808 |
| total shareholders funds | -7,502,550 | -7,497,404 | -7,541,437 | -7,623,760 | -7,981,011 | -7,916,745 | -7,916,042 | -7,891,720 | -7,879,868 | -5,177,930 | -5,140,244 | -1,594,212 | -1,219,455 | -1,190,808 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -18,726 | 0 | -5,000 | -35,999 | -157,056 | -44,998 | -21,895 | -34,026 | -2,781,290 | 237,368 | -3,549,754 | -569,786 | -966,768 | 7,947,930 |
| Creditors | 1,050 | 0 | 0 | 0 | 0 | 0 | 0 | -8,675,695 | 181,500 | 217,264 | 108,416 | -192,448 | -155,482 | 8,516,445 |
| Accruals and Deferred Income | -18,332 | -43,210 | -83,847 | -17,623 | -77,040 | 60 | -336,152 | 1,156,253 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -103 | -1 | 0 | 0 | -2 | 75 | -75 | -87 | 0 | 0 | -53 | 0 | -1 | 160,347 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -41,325 | 40,250 | -390,292 | -27,044 | -42,420 | 312,073 | 7,230,249 | 0 | 0 | 0 | 0 | -800,000 | 800,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,599 | -40,501 | 43,726 | -14,665 | -11,292 | 1,860 | -26,431 | -266,932 | 260,852 | -57,790 | 112,191 | 2,581 | -17,360 | 17,360 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,599 | -40,501 | 43,726 | -14,665 | -11,292 | 1,860 | -26,431 | -266,932 | 260,852 | -57,790 | 112,191 | 2,581 | -17,360 | 17,360 |
milebank limited Credit Report and Business Information
Milebank Limited Competitor Analysis
Perform a competitor analysis for milebank limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA6 area or any other competitors across 12 key performance metrics.
milebank limited Ownership
MILEBANK LIMITED group structure
Milebank Limited has 6 subsidiary companies.
Ultimate parent company
MILEBANK LIMITED
05878715
6 subsidiaries
milebank limited directors
Milebank Limited currently has 1 director, Mr Hardip Singh serving since Jun 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hardip Singh | 51 years | Jun 2008 | - | Director |
P&L
April 2023turnover
5.7k
0%
operating profit
-5.2k
0%
gross margin
33.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-7.5m
0%
total assets
160.1k
-0.12%
cash
0
-1%
net assets
Total assets minus all liabilities
milebank limited company details
company number
05878715
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
July 2006
age
18
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
c/o s2 asset management ltd, argyle house, 3rd floor, norths, northwood hills, HA6 1NW
accountant
KLSA LLP
auditor
-
milebank limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to milebank limited.
milebank limited Companies House Filings - See Documents
| date | description | view/download |
|---|
