milton connect ltd
milton connect ltd Company Information
Company Number
09890048
Next Accounts
Aug 2025
Industry
Renting and operating of Housing Association real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
k & h developments ltd
sadie lou ltd
View AllGroup Structure
View All
Contact
Registered Address
726 capability green, luton, LU1 3LU
Website
-milton connect ltd Estimated Valuation
Pomanda estimates the enterprise value of MILTON CONNECT LTD at £1.5m based on a Turnover of £468k and 3.3x industry multiple (adjusted for size and gross margin).
milton connect ltd Estimated Valuation
Pomanda estimates the enterprise value of MILTON CONNECT LTD at £2.7m based on an EBITDA of £373.8k and a 7.34x industry multiple (adjusted for size and gross margin).
milton connect ltd Estimated Valuation
Pomanda estimates the enterprise value of MILTON CONNECT LTD at £2.2m based on Net Assets of £1.3m and 1.73x industry multiple (adjusted for liquidity).
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Milton Connect Ltd Overview
Milton Connect Ltd is a live company located in luton, LU1 3LU with a Companies House number of 09890048. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2015, it's largest shareholder is k & h developments ltd with a 50% stake. Milton Connect Ltd is a young, micro sized company, Pomanda has estimated its turnover at £468k with rapid growth in recent years.
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Milton Connect Ltd Health Check
Pomanda's financial health check has awarded Milton Connect Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
3 Weak
Size
annual sales of £468k, make it smaller than the average company (£1.1m)
- Milton Connect Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (3.1%)
- Milton Connect Ltd
3.1% - Industry AVG
Production
with a gross margin of 61.9%, this company has a comparable cost of product (61.9%)
- Milton Connect Ltd
61.9% - Industry AVG
Profitability
an operating margin of 79.9% make it more profitable than the average company (18.8%)
- Milton Connect Ltd
18.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Milton Connect Ltd
6 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Milton Connect Ltd
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £156k, this is equally as efficient (£156k)
- Milton Connect Ltd
£156k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Milton Connect Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Milton Connect Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Milton Connect Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (17 weeks)
5 weeks - Milton Connect Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.4%, this is a similar level of debt than the average (68.3%)
66.4% - Milton Connect Ltd
68.3% - Industry AVG
MILTON CONNECT LTD financials
Milton Connect Ltd's latest turnover from November 2023 is estimated at £468 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Milton Connect Ltd has 3 employees and maintains cash reserves of £55.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,786,497 | 3,520,125 | 3,370,125 | 3,135,000 | 3,068,820 | 2,425,000 | 1,952,005 | 1,595,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,786,497 | 3,520,125 | 3,370,125 | 3,135,000 | 3,068,820 | 2,425,000 | 1,952,005 | 1,595,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,707 |
| Group Debtors | 0 | 0 | 0 | 71,000 | 51,000 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 17,511 | 0 | 0 |
| Cash | 55,315 | 57,419 | 60,804 | 198,385 | 27,965 | 70,045 | 30,963 | 13,276 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 55,315 | 57,419 | 60,804 | 269,385 | 78,965 | 87,556 | 30,963 | 22,983 |
| total assets | 3,841,812 | 3,577,544 | 3,430,929 | 3,404,385 | 3,147,785 | 2,512,556 | 1,982,968 | 1,617,983 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,080 | 27,469 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 2,040 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 318,664 | 121,114 | 121,114 | 265,514 | 301,336 | 279,654 | 248,214 | 222,714 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 238,035 | 224,863 | 210,899 | 346,578 | 279,846 | 252,236 | 246,861 | 213,631 |
| total current liabilities | 566,779 | 373,446 | 332,013 | 614,132 | 581,182 | 531,890 | 495,075 | 436,345 |
| loans | 1,858,849 | 1,909,885 | 1,950,062 | 1,950,062 | 1,900,062 | 1,494,762 | 1,227,454 | 972,481 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 125,713 | 125,713 | 123,224 | 78,550 | 64,524 | 56,184 | 26,640 | 35,970 |
| total long term liabilities | 1,984,562 | 2,035,598 | 2,073,286 | 2,028,612 | 1,964,586 | 1,550,946 | 1,254,094 | 1,008,451 |
| total liabilities | 2,551,341 | 2,409,044 | 2,405,299 | 2,642,744 | 2,545,768 | 2,082,836 | 1,749,169 | 1,444,796 |
| net assets | 1,290,471 | 1,168,500 | 1,025,630 | 761,641 | 602,017 | 429,720 | 233,799 | 173,187 |
| total shareholders funds | 1,290,471 | 1,168,500 | 1,025,630 | 761,641 | 602,017 | 429,720 | 233,799 | 173,187 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -71,000 | 20,000 | 33,489 | 17,511 | -9,707 | 9,707 |
| Creditors | 0 | 0 | -2,040 | 2,040 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 13,172 | 13,964 | -135,679 | 66,732 | 27,610 | 5,375 | 33,230 | 213,631 |
| Deferred Taxes & Provisions | 0 | 2,489 | 44,674 | 14,026 | 8,340 | 29,544 | -9,330 | 35,970 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 266,372 | 150,000 | 235,125 | 66,180 | 643,820 | 472,995 | 357,005 | 1,595,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -17,389 | 27,469 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 197,550 | 0 | -144,400 | -35,822 | 21,682 | 31,440 | 25,500 | 222,714 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -51,036 | -40,177 | 0 | 50,000 | 405,300 | 267,308 | 254,973 | 972,481 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -2,104 | -3,385 | -137,581 | 170,420 | -42,080 | 39,082 | 17,687 | 13,276 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,104 | -3,385 | -137,581 | 170,420 | -42,080 | 39,082 | 17,687 | 13,276 |
milton connect ltd Credit Report and Business Information
Milton Connect Ltd Competitor Analysis
Perform a competitor analysis for milton connect ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LU1 area or any other competitors across 12 key performance metrics.
milton connect ltd Ownership
MILTON CONNECT LTD group structure
Milton Connect Ltd has no subsidiary companies.
Ultimate parent company
MILTON CONNECT LTD
09890048
milton connect ltd directors
Milton Connect Ltd currently has 3 directors. The longest serving directors include Mr Bradley Leviton (Nov 2015) and Mr Lester Leviton (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bradley Leviton | United Kingdom | 52 years | Nov 2015 | - | Director |
| Mr Lester Leviton | United Kingdom | 54 years | Jan 2023 | - | Director |
| Mr Clive Blanks | United Kingdom | 55 years | Jan 2023 | - | Director |
P&L
November 2023turnover
468k
+7%
operating profit
373.8k
0%
gross margin
61.9%
+0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
1.3m
+0.1%
total assets
3.8m
+0.07%
cash
55.3k
-0.04%
net assets
Total assets minus all liabilities
milton connect ltd company details
company number
09890048
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
726 capability green, luton, LU1 3LU
Bank
-
Legal Advisor
-
milton connect ltd 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 23 charges/mortgages relating to milton connect ltd. Currently there are 23 open charges and 0 have been satisfied in the past.
milton connect ltd 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.
Click to start generating capital raising & share issue transactions for MILTON CONNECT LTD. This can take several minutes, an email will notify you when this has completed.
milton connect ltd Companies House Filings - See Documents
| date | description | view/download |
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