Millennium Security Limited

POWER SEARCH PRICING

SOLUTIONS

millennium security limited Company Information

Live

EstablishedSmallLow

Company Number

08059841

Next Accounts

Feb 2025

Industry

Investigation activities

Private security activities

View All

Directors

Philip Appleby

Adam Bakewell

Shareholders

adam bakewell

hazel appleby

View All

Group Structure

View All

Contact

Registered Address

unit 14 kenneth way, wilstead, bedford, MK45 3PD

Website

www.millenniumsecurity.co.uk

millennium security limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of MILLENNIUM SECURITY LIMITED at £1.3m based on an EBITDA of £406.1k and a 3.17x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Millennium Security Limited is a live company located in bedford, MK45 3PD with a Companies House number of 08059841. It operates in the private security activities sector, SIC Code 80100. Founded in May 2012, it's largest shareholder is adam bakewell with a 50% stake. Millennium Security Limited is a established, small sized company, Pomanda has estimated its turnover at £2.3m with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Millennium Security Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

4 Regular

5 Weak

Size

annual sales of £2.3m, make it in line with the average company (£2.2m)

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3.5%)

EXPORT

Millennium Security Limited's latest turnover from May 2023 is estimated at £2.3 million and the company has net assets of £545.4 thousand. According to their latest financial statements, Millennium Security Limited has 15 employees and maintains cash reserves of £101.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Turnover	2,279,569	1,951,445	2,245,437	2,087,033	1,741,577	1,249,636	999,919	892,994	734,177	534,770	373,115
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,762,783	1,514,210	1,909,293	1,677,692	1,395,848	1,006,974	772,257	672,855	547,970	409,974	280,593
Gross Profit	516,786	437,236	336,144	409,341	345,728	242,662	227,662	220,138	186,206	124,796	92,523
Admin Expenses	447,903	520,077	74,722	262,012	131,048	362,318	220,257	90,973	210,893	10,028	77,466
Operating Profit	68,883	-82,841	261,422	147,329	214,680	-119,656	7,405	129,165	-24,687	114,768	15,057
Interest Payable	0	0	0	0	346	334	0	0	0	0	0
Interest Receivable	3,925	1,563	154	46	93	19	46	74	1	15	14
Pre-Tax Profit	72,808	-81,279	261,575	147,375	214,426	-119,970	7,451	129,239	-24,686	114,782	15,071
Tax	-18,202	0	-49,699	-28,001	-40,741	0	-1,416	-25,848	0	-24,104	-3,466
Profit After Tax	54,606	-81,279	211,876	119,374	173,685	-119,970	6,035	103,391	-24,686	90,678	11,605
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	54,606	-81,279	211,876	119,374	173,685	-119,970	6,035	103,391	-24,686	90,678	11,605
Employee Costs	493,226	408,943	370,515	263,368	317,517	298,626	280,921	261,554	308,074	192,428	115,800
Number Of Employees	15	14	13	9	10	10	10	9	8	5	3
EBITDA*	406,083	185,132	460,748	335,492	377,079	67,233	199,810	251,542	83,425	196,376	30,944

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Tangible Assets	798,417	553,489	308,251	271,771	203,048	166,089	270,732	251,151	130,966	164,406	76,265
Intangible Assets	5,509	6,492	935	1,132	1,329	1,525	1,721	1,237	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	803,926	559,981	309,186	272,903	204,377	167,614	272,453	252,388	130,966	164,406	76,265
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	709,455	588,512	708,239	598,278	486,168	341,265	338,196	242,747	186,824	139,529	54,202
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0
Cash	101,903	72,556	239,943	67,151	24,718	0	7,748	29,101	349	168	5,652
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	811,358	661,068	948,182	665,429	510,886	341,265	345,944	271,848	187,173	139,697	59,854
total assets	1,615,284	1,221,049	1,257,368	938,332	715,263	508,879	618,397	524,236	318,139	304,103	136,119
Bank overdraft	0	0	0	0	0	10,264	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	859,912	551,103	606,383	523,023	436,861	387,026	361,628	269,181	199,346	143,761	112,723
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
other short term finances	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
other current liabilities	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	859,912	551,103	606,383	523,023	436,861	397,290	361,628	269,181	199,346	143,761	112,723
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0
other liabilities	14,330	45,522	24,760	7,401	6,712	21,432	24,779	33,813	17,302	28,004	0
provisions	195,627	133,615	54,137	47,696	30,852	23,004	44,867	40,154	23,794	29,955	11,691
total long term liabilities	209,957	179,137	78,897	55,097	37,564	44,436	69,646	73,967	41,096	57,959	11,691
total liabilities	1,069,869	730,240	685,280	578,120	474,425	441,726	431,274	343,148	240,442	201,720	124,414
net assets	545,415	490,809	572,088	360,212	240,838	67,153	187,123	181,088	77,697	102,383	11,705
total shareholders funds	545,415	490,809	572,088	360,212	240,838	67,153	187,123	181,088	77,697	102,383	11,705

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Operating Activities
Operating Profit	68,883	-82,841	261,422	147,329	214,680	-119,656	7,405	129,165	-24,687	114,768	15,057
Depreciation	336,217	267,585	199,129	187,966	162,203	186,693	192,209	122,329	108,112	81,608	15,887
Amortisation	983	388	197	197	196	196	196	48	0	0	0
Tax	-18,202	0	-49,699	-28,001	-40,741	0	-1,416	-25,848	0	-24,104	-3,466
Stock	0	0	0	0	0	0	0	0	0	0	0
Debtors	120,943	-119,727	109,961	112,110	144,903	3,069	95,449	55,923	47,295	85,327	54,202
Creditors	308,809	-55,280	83,360	86,162	49,835	25,398	92,447	69,835	55,585	31,038	112,723
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	62,012	79,478	6,441	16,844	7,848	-21,863	4,713	16,360	-6,161	18,264	11,691
Cash flow from operations	637,759	329,057	390,889	298,387	249,118	67,699	200,105	255,966	85,554	136,247	97,690
Investing Activities
capital expenditure	-581,145	-518,768	-235,609	-256,689	-199,162	-82,050	-212,470	-243,799	-74,672	-169,749	-92,152
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-581,145	-518,768	-235,609	-256,689	-199,162	-82,050	-212,470	-243,799	-74,672	-169,749	-92,152
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	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
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-31,192	20,762	17,359	689	-14,720	-3,347	-9,034	16,511	-10,702	28,004	0
share issue	0	0	0	0	0	0	0	0	0	0	100
interest	3,925	1,563	154	46	-253	-315	46	74	1	15	14
cash flow from financing	-27,267	22,325	17,513	735	-14,973	-3,662	-8,988	16,585	-10,701	28,019	114
cash and cash equivalents
cash	29,347	-167,387	172,792	42,433	24,718	-7,748	-21,353	28,752	181	-5,484	5,652
overdraft	0	0	0	0	-10,264	10,264	0	0	0	0	0
change in cash	29,347	-167,387	172,792	42,433	34,982	-18,012	-21,353	28,752	181	-5,484	5,652

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for millennium security limited. Get real-time insights into millennium security limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for millennium security limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in MK45 area or any other competitors across 12 key performance metrics.

MILLENNIUM SECURITY LIMITED group structure

Millennium Security Limited has no subsidiary companies.

Ultimate parent company

MILLENNIUM SECURITY LIMITED

08059841

MILLENNIUM SECURITY LIMITED Shareholders

adam bakewell	50%
hazel appleby	25%
philip appleby	25%

Millennium Security Limited currently has 2 directors. The longest serving directors include Mr Philip Appleby (May 2012) and Mr Adam Bakewell (May 2012).

officer	country	age	start	end	role
Mr Philip Appleby	England	55 years	May 2012	-	Director
Mr Adam Bakewell	England	37 years	May 2012	-	Director

P&L

May 2023

turnover

2.3m

+17%

operating profit

68.9k

gross margin

22.7%

+1.18%

turnover

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

Balance Sheet

May 2023

net assets

545.4k

+0.11%

total assets

1.6m

+0.32%

cash

101.9k

+0.4%

net assets

Total assets minus all liabilities

Similar Companies

armatus risks security services ltd

knightguard limited

central security limited

business risks international limited

precreate security solutions limited

company number

08059841

Type

Private limited with Share Capital

industry

80200 - Security systems service activities

80300 - Investigation activities

80100 - Private security activities

incorporation date

May 2012

ultimate parent company

None

previous names

N/A

address

unit 14 kenneth way, wilstead, bedford, MK45 3PD

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 millennium security limited.

millennium security limited Company Information

millennium security limited Estimated Valuation

millennium security limited Estimated Valuation

millennium security limited Estimated Valuation

Millennium Security Limited Overview

Millennium Security Limited Health Check

MILLENNIUM SECURITY LIMITED financials

millennium security limited Credit Report and Business Information

Millennium Security Limited Competitor Analysis

millennium security limited Ownership

millennium security limited directors

millennium security limited company details

millennium security limited Charges & Mortgages

millennium security limited Companies House Filings - See Documents