milenk limited

milenk limited Company Information

Share MILENK LIMITED
Live 
EstablishedMicroRapid

Company Number

06222302

Industry

Other building completion and finishing

 

Directors

Milen Krumov

Shareholders

milen krumov

plamen plamenov

Group Structure

View All

Contact

Registered Address

262 uxbridge road, pinner, middlesex, HA5 4HS

Website

-

milenk limited Estimated Valuation

£17.5k

Pomanda estimates the enterprise value of MILENK LIMITED at £17.5k based on a Turnover of £44.7k and 0.39x industry multiple (adjusted for size and gross margin).

milenk limited Estimated Valuation

£7k

Pomanda estimates the enterprise value of MILENK LIMITED at £7k based on an EBITDA of £1.9k and a 3.63x industry multiple (adjusted for size and gross margin).

milenk limited Estimated Valuation

£1.7k

Pomanda estimates the enterprise value of MILENK LIMITED at £1.7k based on Net Assets of £699 and 2.39x industry multiple (adjusted for liquidity).

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Milenk Limited Overview

Milenk Limited is a live company located in middlesex, HA5 4HS with a Companies House number of 06222302. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in April 2007, it's largest shareholder is milen krumov with a 51% stake. Milenk Limited is a established, micro sized company, Pomanda has estimated its turnover at £44.7k with rapid growth in recent years.

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Milenk Limited Health Check

Pomanda's financial health check has awarded Milenk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £44.7k, make it smaller than the average company (£336.9k)

£44.7k - Milenk Limited

£336.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1724%, show it is growing at a faster rate (11.7%)

1724% - Milenk Limited

11.7% - Industry AVG

production

Production

with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)

23.3% - Milenk Limited

23.3% - Industry AVG

profitability

Profitability

an operating margin of 3.6% make it less profitable than the average company (5.4%)

3.6% - Milenk Limited

5.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Milenk Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)

£39.1k - Milenk Limited

£39.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £44.7k, this is less efficient (£135.5k)

£44.7k - Milenk Limited

£135.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Milenk Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (29 days)

0 days - Milenk Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Milenk Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 59 weeks, this is more cash available to meet short term requirements (21 weeks)

59 weeks - Milenk Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.4%, this is a higher level of debt than the average (73%)

94.4% - Milenk Limited

73% - Industry AVG

MILENK LIMITED financials

EXPORTms excel logo

Milenk Limited's latest turnover from March 2024 is estimated at £44.7 thousand and the company has net assets of £699. According to their latest financial statements, Milenk Limited has 1 employee and maintains cash reserves of £1.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover44,747130,641123,45079,77767,16569,65276,3289,96663,62570,720102,31150,64071,22291,165
Other Income Or Grants000000000000000
Cost Of Sales34,33598,56493,01656,92746,50847,57252,6556,80242,45248,53872,23835,35249,71462,739
Gross Profit10,41232,07730,43422,85020,65822,08023,6733,16421,17322,18230,07215,28821,50828,426
Admin Expenses8,81729,62932,489-9282,07617,08122,54723,6883,87721,19621,07132,99813,98220,92725,967
Operating Profit1,5952,448-2,0559307743,577-467-15-713-231,111-2,9261,3065812,459
Interest Payable1,4961,8531,5317630151500000000
Interest Receivable4330112131113313827233418
Pre-Tax Profit143626-3,5751697753,564-481-14-70081,149-2,8991,3306152,476
Tax-36-1190-32-147-677000-2-2640-346-172-693
Profit After Tax107507-3,5751376282,887-481-14-7006885-2,8999844431,783
Dividends Paid000000000000000
Retained Profit107507-3,5751376282,887-481-14-7006885-2,8999844431,783
Employee Costs39,14333,74434,30933,06631,25433,80833,13636,12038,49737,96135,68733,09131,36330,68329,179
Number Of Employees111111111111111
EBITDA*1,9212,854-1,5139598123,629-39877-5911401,330-2,6361,6938942,735

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets9141,2401,646881171552072763684906538721,162942828
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets9141,2401,646881171552072763684906538721,162942828
Stock & work in progress000000000000000
Trade Debtors00001,2047,4918,6143,6001,1256,9666,1508,6595,8266,3547,310
Group Debtors000000000000000
Misc Debtors10,43815,67920,95328,5642,670004,7284,396000000
Cash1,2124309901,9701,64270804751015,1417,2347,9932,9246,4397,156
misc current assets010000000000000
total current assets11,65016,11021,94330,5345,5168,1998,6148,8035,62212,10713,38416,6528,75012,79314,466
total assets12,56417,35023,58930,6225,6338,3548,8219,0795,99012,59714,03717,5249,91213,73515,294
Bank overdraft00000045500000000
Bank loan000000000000000
Trade Creditors 10010000011,39412,84017,2126,70111,50813,510
Group/Directors Accounts000002106,3996,3213,381000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,0669653,1501,9612,1105,2491,9592,2692,106000000
total current liabilities1,0679653,1501,9622,1105,4598,8138,5905,48711,39412,84017,2126,70111,50813,510
loans10,79815,79320,35425,00000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities10,79815,79320,35425,00000000000000
total liabilities11,86516,75823,50426,9622,1105,4598,8138,5905,48711,39412,84017,2126,70111,50813,510
net assets699592853,6603,5232,89584895031,2031,1973123,2112,2271,784
total shareholders funds699592853,6603,5232,89584895031,2031,1973123,2112,2271,784
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,5952,448-2,0559307743,577-467-15-713-231,111-2,9261,3065812,459
Depreciation3264065422938526992122163219290387313276
Amortisation000000000000000
Tax-36-1190-32-147-677000-2-2640-346-172-693
Stock000000000000000
Debtors-5,241-5,274-7,61124,690-3,617-1,1232862,807-1,445816-2,5092,833-528-9567,310
Creditors10-110000-11,394-1,446-4,37210,511-4,807-2,00213,510
Accruals and Deferred Income101-2,1851,189-149-3,1393,290-3101632,106000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations7,2285,8247,286-23,9111,1437,365-994-2,567-8,434-2,124-7975,042-2,932-3248,242
Investing Activities
capital expenditure00-2,100000000000-607-427-1,104
Change in Investments000000000000000
cash flow from investments00-2,100000000000-607-427-1,104
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000-210-6,189782,9403,381000000
Other Short Term Loans 000000000000000
Long term loans-4,995-4,561-4,64625,00000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000001
interest-1,453-1,823-1,520-7611-12-14113313827233418
cash flow from financing-6,448-6,384-6,16624,239-209-6,201642,9413,394313827233419
cash and cash equivalents
cash782-560-980328934708-475374-5,040-2,093-7595,069-3,515-7177,156
overdraft00000-45545500000000
change in cash782-560-9803289341,163-930374-5,040-2,093-7595,069-3,515-7177,156

milenk limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Milenk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for milenk limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HA5 area or any other competitors across 12 key performance metrics.

milenk limited Ownership

MILENK LIMITED group structure

Milenk Limited has no subsidiary companies.

Ultimate parent company

MILENK LIMITED

06222302

MILENK LIMITED Shareholders

milen krumov 51%
plamen plamenov 49%

milenk limited directors

Milenk Limited currently has 1 director, Mr Milen Krumov serving since Apr 2007.

officercountryagestartendrole
Mr Milen Krumov46 years Apr 2007- Director

P&L

March 2024

turnover

44.7k

-66%

operating profit

1.6k

0%

gross margin

23.3%

-5.23%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

699

+0.18%

total assets

12.6k

-0.28%

cash

1.2k

+1.82%

net assets

Total assets minus all liabilities

milenk limited company details

company number

06222302

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

incorporation date

April 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

262 uxbridge road, pinner, middlesex, HA5 4HS

Bank

-

Legal Advisor

-

milenk 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 milenk limited.

milenk limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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milenk limited Companies House Filings - See Documents

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