UK Companies House feature
HFS MILBOURNE FINANCIAL SERVICES LIMITED
Cash
£562K
-65.2% vs 2022
Net assets
£846K
-52.2% vs 2022
Employees
0
Average over period
Profit before tax
£294K
-51.8% vs 2022
Profile
- Company number
- 02061008
- Status
- Active
- Incorporation
- 1986-10-03
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
5-year trend · vs UK Fintech median
Accounts
5-year trend · latest 2023-12-31
| Metric | Trend | 2019-06-30 | 2020-06-30 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £3,373,000 | £2,103,000 | |
| Operating profit | — | — | — | £610,000 | £268,000 | |
| Profit before tax | — | — | — | £610,000 | £294,000 | |
| Net profit | — | — | — | £678,000 | £227,000 | |
| Cash | £665,727 | £650,949 | — | £1,615,000 | £562,000 | |
| Total assets less current liabilities | £661,649 | £686,588 | — | £1,773,000 | £850,000 | |
| Net assets | £655,811 | £678,003 | — | £1,769,000 | £846,000 | |
| Equity | £655,811 | £678,003 | £1,091,000 | £1,769,000 | £846,000 | |
| Average employees | 33 | 34 | — | 0 | 0 | |
| Wages | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the Company's performance projections for the period of at least 12 months from the date of issue of the financial statements, the Directors are satisfied that, in taking account of a range of stress tests which are deemed to be severe but plausible, the Company has adequate access to resources to enable the Company to meet its obligations and continue in operational existence for the foreseeable future. Accordingly, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Subsidiaries
- HFS Feltons Financial Services Limited · 100% held · United Kingdom · provide holistic personal financial planning and investment advice.
- HFS Hamlyns Financial Services Limited · 100% held · United Kingdom · provide holistic personal financial planning and investment advice.
Significant events
- “A cohort of clients were migrated from the Company to another subsidiary of the Group, as part of an ongoing legal entity rationalisation project. This migration was not included in the prior year, which has been restated to show the revenue adjustment in the correct period.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, Charlotte | Secretary | 2024-03-31 | — | — |
| GEDDES, Paul Robert | Director | 2023-10-06 | Jun 1969 | British |
| GERSH, Alexander | Director | 2025-06-27 | Mar 1964 | British |
| MUSTAFFA, Muhammad Faqihuddin Bin | Director | 2025-03-31 | Jul 1990 | Malaysian |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MILNE, Roderic Bruce William | Secretary | 1997-08-29 | 2021-09-01 |
| WHITE, Gavin Raymond | Secretary | 2021-09-01 | 2024-03-31 |
| E P S SECRETARIES LIMITED | Corporate Nominee Secretary | — | 1997-08-28 |
| BADDELEY, Andrew Martin | Director | 2021-05-18 | 2025-03-31 |
| BOYLE, Sally Ann | Director | 2024-03-22 | 2024-09-02 |
| CHAMBERS, Elizabeth Grace | Director | 2021-08-13 | 2024-03-31 |
| COBB, David Martin | Director | 2021-08-13 | 2024-06-21 |
| DEMING, Peter Hepburn | Director | 2021-08-13 | 2024-09-02 |
| GRIGG, Christopher Montague | Director | 2021-08-02 | 2024-09-02 |
| HALKET, Iain Christopher George | Director | 2005-11-30 | 2021-08-13 |
| HAYDEN-COOK, Colin | Director | 2005-11-30 | 2021-08-13 |
| JONES, Keith | Director | 2021-08-13 | 2024-09-02 |
| LEVINE, Dennis Michael | Director | 1994-11-22 | 2005-11-30 |
| MCNABB III, Frederick William | Director | 2021-08-13 | 2022-11-18 |
| MILNE, Roderic Bruce William | Director | — | 2021-08-13 |
| MUELDER, Philip Sebastian | Director | 2021-08-13 | 2024-09-02 |
| O'TOOLE, Daren James | Director | 2001-04-20 | 2021-08-13 |
| PACKHAM, Barry | Director | — | 2002-03-15 |
| PELL, Christopher | Director | 2021-08-16 | 2024-09-02 |
| RISNER, Nigel Simon | Director | — | 1994-11-22 |
| SAMUEL, William Meredith, Mr | Director | 2021-07-13 | 2022-02-18 |
| SHAH, Sonal | Director | 2011-08-23 | 2021-06-01 |
| STENT, Carla Rosaline | Director | 2021-08-13 | 2024-09-02 |
| STOPPS, Kevin Peter | Director | 2021-08-13 | 2021-10-01 |
| WIKLUND, Kjersti | Director | 2022-09-09 | 2024-09-02 |
| WOODHOUSE, Christopher | Director | 2021-05-17 | 2023-08-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Evelyn Partners Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-20 | Active |
| Milbourne Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2022-12-20 |
Filing timeline
Last 20 of 223 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-25 | CH01 | officers | change person director company with change date |
| 2025-11-25 | CH01 | officers | change person director company |
| 2025-08-12 | AA | accounts | accounts with accounts type full |
| 2025-07-11 | AP01 | officers | appoint person director company with name date |
| 2025-04-09 | AP01 | officers | appoint person director company with name date |
| 2025-04-04 | TM01 | officers | termination director company with name termination date |
| 2025-03-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-09-02 | TM01 | officers | termination director company with name termination date |
| 2024-07-25 | AA | accounts | accounts with accounts type full |
| 2024-07-01 | TM01 | officers | termination director company with name termination date |
| 2024-04-10 | AP03 | officers | appoint person secretary company with name date |
| 2024-04-10 | TM02 | officers | termination secretary company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
-30.00
DISTRESS
Altman Z″
- Working capital / Total assets 0.735 × 6.56 = +4.82
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.326 × 6.72 = +2.19
- Book equity / Total liabilities -35.250 × 1.05 = -37.01
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory