MILTON-LLOYD LIMITED

1. MILTON-LLOYD LIMITED 2022-08-17 → present
2. MILTON LLOYD LIMITED 1981-12-31 → 2022-08-17
3. MILTON-LLOYD ASSOCIATES LIMITED 1975-12-22 → 1981-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Bright Grahame Murray

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. MILTON-LLOYD LIMITED · parent
   1. Milton Lloyd FZE 100% · Dubai · Trading in perfumes, cosmetics and beauty products
   2. Milton Lloyd Inc 100% · United States of America · Dormant

Significant events

• “Competition is considered a significant risk to the company, as there are increasing numbers of competitors globally, particularly in online markets. To mitigate this risk, we continue to invest in our website as well as working with online marketplaces, with the aim that our perfumery range will be available worldwide.”
• “Our products are sold globally, and it is an ongoing challenge to identify and remove counterfeit products when they appear in our markets. However, we are constantly evolving security and 'hard to copy' features on our packaging, determined to keep ahead of the counterfeiters.”
• “The year under review has been challenging for the company due to several factors that are out of our control: regional wars resulting in global, political and economic uncertainty, price rises from suppliers as inflation continues to have an impact, hyper-inflationary economies in certain of our overseas markets with associated currency valuation issues and embargoes on the import of non-essential luxury goods into some export markets. This creates some challenges regarding future sales and cash flows.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +6%

  £16,632,076 → £17,634,467

• Cash

  +92.7%

  £1,598,170 → £3,079,550

  highest in 6 filed years

• Net assets

  -23.6%

  £4,955,481 → £3,787,106

  lowest in 6 filed years

• Employees

  -13.6%

  22 → 19

• Operating profit

  +8.1%

  £1,177,360 → £1,272,255

• Profit before tax

  +13.8%

  £966,948 → £1,100,521

• Wages

  -18.2%

  £1,065,791 → £871,975

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers