MILCARS (RADLETT) LIMITED
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Cash
£158k
-39.1% lowest in 3 filed years
Net assets
£1.3m
+13.3% highest in 3 filed years
Employees
31
-16.2% lowest in 3 filed years
Profit before tax
£168k
+7,606.2% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £18,073,196 | £15,579,120 | £15,759,351 | +1.2% | |
| Operating profit | £115,350 | £128,724 | £281,413 | +118.6% | |
| Profit before tax | £3,715 | £2,176 | £167,686 | +7,606.2% | |
| Net profit | £3,655 | -£1,451 | £146,436 | +10,192.1% | |
| Cash | £171,426 | £259,057 | £157,724 | -39.1% | |
| Total assets less current liabilities | £1,594,104 | £1,488,232 | £1,438,118 | -3.4% | |
| Net assets | £1,105,389 | £1,103,938 | £1,250,374 | +13.3% | |
| Equity | £1,105,389 | £1,103,938 | £1,250,374 | +13.3% | |
| Average employees | 37 | 37 | 31 | -16.2% | |
| Wages | £976,615 | £972,158 | £999,107 | +2.8% | |
| Directors' remuneration | £187,700 | £44,000 | £23,750 | -46% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.6% | 0.8% | 1.8% | |
| Net margin | 0.0% | -0.0% | 0.9% | |
| Return on capital employed | 7.2% | 8.6% | 19.6% | |
| Gearing (liabilities / total assets) | 82.5% | 82.3% | 80.7% | |
| Current ratio | 1.05x | 1.03x | 1.02x | |
| Interest cover | 1.03x | 1.02x | 2.47x |
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.
Name history
Renamed 3 times since incorporation
- MILCARS (RADLETT) LIMITED 1983-03-24 → present
- HOWARDS CARS LIMITED 1979-12-31 → 1983-03-24
- HOWARDS CARS LIMITED 1979-12-31 → 1983-03-24
- GALSTOWE LIMITED 1978-07-10 → 1979-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The director considers the going concern basis to be appropriate having paid due regard to the company's projected results during the twelve months from the date the financial statements are approved, the company's anticipated cash flows for that period and the availability of support from the company's ultimate parent undertaking, if required.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WARD, Tamara | Secretary | 2021-12-17 | — | — |
| WARD, Christopher Leslie | Director | 2000-12-29 | Dec 1969 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOOTHBY, Anthony Robert | Secretary | 2009-01-22 | 2021-12-17 |
| WARD, Betty Joyce | Secretary | — | 2009-01-21 |
| THOMAS, Anthony Maynard | Director | — | 2003-11-17 |
| WARD, Betty Joyce | Director | — | 2009-01-21 |
| WARD, Leslie Henry John | Director | — | 2009-01-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Milcars Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-01 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | CH01 | officers | Change person director company with change date | |
| 2024-09-16 | AA | accounts | Accounts with accounts type small | |
| 2023-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-22 | AA | accounts | Accounts with accounts type small | |
| 2022-10-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-19 | AA | accounts | Accounts with accounts type full | |
| 2022-01-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-01-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-27 | AA | accounts | Accounts with accounts type full | |
| 2020-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-22 | AA | accounts | Accounts with accounts type full | |
| 2019-10-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-30 | AA | accounts | Accounts with accounts type full | |
| 2018-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.