project milner limited
project milner limited Company Information
Company Number
08534885
Website
www.milnerassociates.co.ukRegistered Address
172 chester road, helsby, frodsham, WA6 0AR
Industry
Engineering related scientific and technical consulting activities
Telephone
01174030761
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
rsk environment limited 100%
project milner limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT MILNER LIMITED at £778.3k based on a Turnover of £1.1m and 0.73x industry multiple (adjusted for size and gross margin).
project milner limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT MILNER LIMITED at £2.4m based on an EBITDA of £356k and a 6.76x industry multiple (adjusted for size and gross margin).
project milner limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT MILNER LIMITED at £5.5m based on Net Assets of £2m and 2.8x industry multiple (adjusted for liquidity).
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Project Milner Limited Overview
Project Milner Limited is a live company located in frodsham, WA6 0AR with a Companies House number of 08534885. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in May 2013, it's largest shareholder is rsk environment limited with a 100% stake. Project Milner Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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Project Milner Limited Health Check
Pomanda's financial health check has awarded Project Milner Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 0 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
0 Weak
Size
annual sales of £1.1m, make it larger than the average company (£512k)
£1.1m - Project Milner Limited
£512k - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (4.7%)
- Project Milner Limited
4.7% - Industry AVG
Production
with a gross margin of 90.6%, this company has a lower cost of product (40.3%)
90.6% - Project Milner Limited
40.3% - Industry AVG
Profitability
an operating margin of 33.3% make it more profitable than the average company (6.7%)
33.3% - Project Milner Limited
6.7% - Industry AVG
Employees
with 9 employees, this is similar to the industry average (8)
9 - Project Milner Limited
8 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Project Milner Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £118.3k, this is more efficient (£91.5k)
£118.3k - Project Milner Limited
£91.5k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (76 days)
41 days - Project Milner Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (26 days)
38 days - Project Milner Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Project Milner Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 108 weeks, this is more cash available to meet short term requirements (17 weeks)
108 weeks - Project Milner Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.1%, this is a lower level of debt than the average (55.2%)
8.1% - Project Milner Limited
55.2% - Industry AVG
project milner limited Credit Report and Business Information
Project Milner Limited Competitor Analysis
Perform a competitor analysis for project milner limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
project milner limited Ownership
PROJECT MILNER LIMITED group structure
Project Milner Limited has no subsidiary companies.
Ultimate parent company
2 parents
PROJECT MILNER LIMITED
08534885
project milner limited directors
Project Milner Limited currently has 4 directors. The longest serving directors include Mr Martin Milner (May 2013) and Dr George Tuckwell (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Milner | 65 years | May 2013 | - | Director | |
| Dr George Tuckwell | England | 50 years | May 2022 | - | Director |
| Dr Alasdair Ryder | England | 62 years | May 2022 | - | Director |
| Mrs Abigail Draper | England | 53 years | May 2022 | - | Director |
PROJECT MILNER LIMITED financials
Project Milner Limited's latest turnover from April 2023 is £1.1 million and the company has net assets of £2 million. According to their latest financial statements, Project Milner Limited has 9 employees and maintains cash reserves of £356.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Mar 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,065,144 | 882,484 | ||||||||
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 100,645 | 302,507 | ||||||||
| Gross Profit | 964,499 | 579,977 | ||||||||
| Admin Expenses | 609,970 | 89,213 | ||||||||
| Operating Profit | 354,529 | 490,764 | ||||||||
| Interest Payable | 12 | 0 | ||||||||
| Interest Receivable | 105 | 166 | ||||||||
| Pre-Tax Profit | 354,622 | 490,930 | ||||||||
| Tax | 30,173 | -87,511 | ||||||||
| Profit After Tax | 384,795 | 403,419 | ||||||||
| Dividends Paid | 0 | 0 | ||||||||
| Retained Profit | 384,795 | 403,419 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 9 | 9 | 9 | 10 | 7 | 6 | 4 | |||
| EBITDA* | 355,999 | 491,582 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Mar 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,035 | 1,912 | 1,592 | 937 | 339 | 767 | 1,310 | 2,566 | 1,772 | 2,137 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 4,035 | 1,912 | 1,592 | 937 | 339 | 767 | 1,310 | 2,566 | 1,772 | 2,137 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 121,047 | 122,222 | 92,165 | 41,733 | 78,100 | 147,845 | 58,209 | 42,314 | 34,772 | 49,934 |
| Group Debtors | 1,500,042 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 143,224 | 44,046 | 0 | 1,412 | 50,937 | 1,933 | 1,959 | 880 | 0 | 0 |
| Cash | 356,394 | 1,958,600 | 1,574,227 | 1,306,395 | 1,023,397 | 609,198 | 416,386 | 245,721 | 179,977 | 100,654 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,120,707 | 2,124,868 | 1,666,392 | 1,349,540 | 1,152,434 | 758,976 | 476,554 | 288,915 | 214,749 | 150,588 |
| total assets | 2,124,742 | 2,126,780 | 1,667,984 | 1,350,477 | 1,152,773 | 759,743 | 477,864 | 291,481 | 216,521 | 152,725 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,615 | 9,805 | 1,941 | 2,620 | 16,435 | 5,881 | 28,757 | 21,258 | 86,173 | 95,023 |
| Group/Directors Accounts | 28,319 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 131,259 | 252,705 | 205,254 | 193,227 | 222,899 | 203,168 | 119,173 | 94,196 | 0 | 0 |
| total current liabilities | 170,193 | 262,510 | 207,195 | 195,847 | 239,334 | 209,049 | 147,930 | 115,454 | 86,173 | 95,023 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 849 | 363 | 302 | 178 | 64 | 146 | 249 | 513 | 354 | 427 |
| total long term liabilities | 849 | 363 | 302 | 178 | 64 | 146 | 249 | 513 | 354 | 427 |
| total liabilities | 171,042 | 262,873 | 207,497 | 196,025 | 239,398 | 209,195 | 148,179 | 115,967 | 86,527 | 95,450 |
| net assets | 1,953,700 | 1,863,907 | 1,460,487 | 1,154,452 | 913,375 | 550,548 | 329,685 | 175,514 | 129,994 | 57,275 |
| total shareholders funds | 1,953,700 | 1,863,907 | 1,460,487 | 1,154,452 | 913,375 | 550,548 | 329,685 | 175,514 | 129,994 | 57,275 |
| Apr 2023 | Mar 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 354,529 | 490,764 | ||||||||
| Depreciation | 1,470 | 818 | 634 | 652 | 428 | 543 | 1,256 | 917 | 827 | 713 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 30,173 | -87,511 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,598,045 | 74,103 | 49,020 | -85,892 | -20,741 | 89,610 | 16,974 | 8,422 | -15,162 | 49,934 |
| Creditors | 810 | 7,864 | -679 | -13,815 | 10,554 | -22,876 | 7,499 | -64,915 | -8,850 | 95,023 |
| Accruals and Deferred Income | -121,446 | 47,451 | 12,027 | -29,672 | 19,731 | 83,995 | 24,977 | 94,196 | 0 | 0 |
| Deferred Taxes & Provisions | 486 | 61 | 124 | 114 | -82 | -103 | -264 | 159 | -73 | 427 |
| Cash flow from operations | -1,332,023 | 385,344 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 28,319 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 93 | 166 | ||||||||
| cash flow from financing | -266,590 | 167 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | -1,602,206 | 384,373 | 267,832 | 282,998 | 414,199 | 192,812 | 170,665 | 65,744 | 79,323 | 100,654 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,602,206 | 384,373 | 267,832 | 282,998 | 414,199 | 192,812 | 170,665 | 65,744 | 79,323 | 100,654 |
P&L
April 2023turnover
1.1m
+21%
operating profit
354.5k
-28%
gross margin
90.6%
+37.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2m
+0.05%
total assets
2.1m
0%
cash
356.4k
-0.82%
net assets
Total assets minus all liabilities
project milner limited company details
company number
08534885
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
May 2013
age
11
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
172 chester road, helsby, frodsham, WA6 0AR
last accounts submitted
April 2023
project milner 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 found 1 charges/mortgages relating to project milner limited. Currently there are 1 open charges and 0 have been satisfied in the past.
project milner limited Companies House Filings - See Documents
| date | description | view/download |
|---|
