MILAN HOLDCO LIMITED

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

Consolidated group

Auditor

HOWELL DAVIES LIMITED

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 period of at least 12 months from the date of signing the accounts. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. MILAN HOLDCO LIMITED · parent
   1. Midwest Mechanical and Electrical Services Limited 100% · United Kingdom · provision of building services, carrying out electrical and mechanical installations and maintenance
   2. Midwest M & E Services Limited 100% · United Kingdom · provision of building services, carrying out electrical and mechanical installations and maintenance

Significant events

• “The business was adversely affected by the collapse of a new major client in the year, however we have managed to recover the majority of the lost revenue and profit through the pursuit of other opportunities.”

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

Filings

16

last 12 months

Capital events

4

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -1.6%

  £36,701,006 → £36,132,082

• Cash

  -11.4%

  £2,078,422 → £1,841,881

• Net assets

  +28.3%

  £150,003 → £192,465

• Employees

  -2.3%

  262 → 256

• Operating profit

  +236.7%

  £271,961 → £915,716

• Profit before tax

  +162%

  -£395,288 → £245,006

  highest in 3 filed years

• Wages

  +2.3%

  £9,655,906 → £9,877,290

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers