UK Companies House feature
MILLENNIUM GLOBAL TREASURY SERVICES LIMITED
Cash
£937K
-10.8% vs 2019
Net assets
£1M
+7.2% vs 2019
Employees
14
Average over period
Profit before tax
-£2M
-110,122.6% vs 2019
Profile
- Company number
- 11790385
- Status
- Active
- Incorporation
- 2019-01-28
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
2-year trend · vs UK Fintech median
Accounts
2-year trend · latest 2020-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 |
|---|---|---|---|
| Turnover | £0 | £0 | |
| Operating profit | -£2,231 | -£2,459,066 | |
| Profit before tax | -£2,231 | -£2,459,066 | |
| Net profit | — | — | |
| Cash | £1,049,769 | £936,651 | |
| Total assets less current liabilities | £1,047,769 | £1,122,781 | |
| Net assets | £1,047,769 | £1,122,781 | |
| Equity | £1,047,769 | £1,122,781 | |
| Average employees | 0 | 14 | |
| 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
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. In reaching this conclusion the Directors have considered the following: budgeted and projected results of the business, projected cash flow, stress testing of cash flows and the risks that could impact on the Company's liquidity and solvency over the next twelve months following the date of approval of these financial statements, including the impact of recent economic events including inflation, banking risk and the impact of global instability. The Directors believe that the company has sufficient financial resources to enable the Company to settle its obligations as they fall due and absorb current business risks and accordingly, the financial statements have been prepared on a going concern basis.”
Subsidiaries
- MillTechFX Europe SAS · 100% held · France
Significant events
- “In August 2024 the Company increased its share capital by £4,242,930 through the issue of 4,242,930 additional ordinary shares at par value of £1 per share, entirely funded by its sole owner Millennium Global Treasury Services Holdings Limited.”
- “In September 2024 the Company's Board determined to cease the activities of its wholly owned French subsidiary choosing instead to focus business development efforts into EU countries with UK regulatory equivalence regimes from the principal office in London. All commercial activities in MillTechFX Europe SAS ceased from October 2024, applications to withdraw its regulatory licences from the AMF and ACPR were submitted (approval of withdrawal of licences received in January 2025), all staff were made redundant, and the Company will undertake an orderly wind-down of the company which is expected to be completed by June 2025.”
- “In January 2025 the AMF and ACPR confirmed withdrawal of the regulatory licence for the Company's subsidiary, MillTechFX Europe SAS.”
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
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DELACAVE, Bruno Daniel Geoffrey | Director | 2021-07-22 | Jul 1961 | British,Belgian |
| EISNER, Alan John | Director | 2025-04-25 | Jul 1963 | British |
| GIBSON STARK, Kathleen Maria | Director | 2019-01-28 | Nov 1968 | British |
| HOCHBERG, Gal | Director | 2021-07-22 | Feb 1988 | Israeli |
| HUTTMAN, Eric Max | Director | 2019-04-04 | Sep 1991 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUTTMAN, Michael David | Director | 2019-01-28 | 2025-05-02 |
| SCOTT-SMITH, Lisa | Director | 2021-04-23 | 2025-06-30 |
| STRAESSLE, Tobias Andreas | Director | 2019-04-04 | 2019-09-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Millennium Global Treasury Services Holdings Limited | Corporate entity | Shares 75–100% | 2019-05-10 | Active |
| Millennium Group Holdings Limited | Corporate entity | Shares 75–100% | 2019-04-04 | Ceased 2019-05-10 |
| Mr Michael David Huttman | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-28 | Ceased 2019-04-04 |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-19 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-26 | SH01 | capital | capital allotment shares |
| 2025-07-17 | AA | accounts | accounts with accounts type group |
| 2025-07-07 | AP01 | officers | appoint person director company with name date |
| 2025-07-07 | TM01 | officers | termination director company with name termination date |
| 2025-05-15 | TM01 | officers | termination director company with name termination date |
| 2025-01-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-22 | AA | accounts | accounts with accounts type group |
| 2024-07-16 | AD01 | address | change registered office address company with date old address new address |
| 2024-06-21 | AD01 | address | change registered office address company with date old address new address |
| 2024-01-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-18 | AUD | auditors | auditors resignation company |
| 2023-09-26 | AA | accounts | accounts with accounts type group |
| 2023-01-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-01 | AA | accounts | accounts with accounts type group |
| 2022-02-22 | AAMD | accounts | accounts amended with accounts type full |
| 2022-02-18 | MA | incorporation | memorandum articles |
| 2022-02-14 | RESOLUTIONS | resolution | resolution |
| 2022-01-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-10-07 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2020-12-31
-5.34
DISTRESS
Altman Z″
- Working capital / Total assets 0.266 × 6.56 = +1.75
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -1.271 × 6.72 = -8.54
- Book equity / Total liabilities 1.383 × 1.05 = +1.45
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