MILEGATE LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-07-31
Confirmation statement due
2027-01-05 (in 8mo)
Last made up 2025-12-22
Watchouts
Cash
£106K
Latest balance sheet
Net assets
£23M
+4.8% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£262K
-67.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2024-07-31
| Metric | Trend | 2022-07-31 | 2023-07-31 | 2024-07-31 |
|---|---|---|---|---|
| Turnover | — | £16,417,531 | £23,028,058 | |
| Operating profit | — | £3,364,257 | £3,413,341 | |
| Profit before tax | — | £816,114 | £262,492 | |
| Net profit | — | £816,114 | £239,213 | |
| Cash | £204,852 | — | £106,223 | |
| Total assets less current liabilities | £30,885,451 | £38,125,287 | £50,312,818 | |
| Net assets | £15,433,531 | £21,853,864 | £22,900,673 | |
| Equity | £15,433,531 | £21,853,864 | £22,900,673 | |
| Average employees | 2 | 2 | — | |
| Wages | — | £142,561 | £112,753 | |
| Directors' remuneration | — | £60,000 | £60,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-07-31 vs 2023-07-31
-
Turnover
+40.3%
£16,417,531 £23,028,058
-
Cash
—
Not reported
-
Net assets
+4.8%
£21,853,864 £22,900,673
highest in 3 filed years
-
Employees
—
Not reported
-
Operating profit
+1.5%
£3,364,257 £3,413,341
-
Profit before tax
-67.8%
£816,114 £262,492
-
Wages
-20.9%
£142,561 £112,753
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-07-31 | 2023-07-31 | 2024-07-31 |
|---|---|---|---|---|
| Operating margin | — | 20.5% | 14.8% | |
| Net margin | — | 5.0% | 1.0% | |
| Return on capital employed | — | 8.8% | 6.8% | |
| Current ratio | — | 2.36x | 2.44x | |
| Interest cover | — | 1.32x | 1.08x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Auditor
- Purcells
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Significant events
- “The company registered a drop in the turnover in the year due to pricing factors. However, the directors are of the opinion that this trend is only temporary.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NOURANI, David | Director | 2012-01-11 | Mar 1984 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KORINE, Albert | Secretary | 1991-04-12 | 2006-01-11 |
| NOURANI, Leonie | Secretary | 2006-01-11 | 2018-01-04 |
| MBC SECRETARIES LIMITED | Corporate Nominee Secretary | 1991-04-08 | 1991-04-12 |
| KORINE, Albert | Director | 1991-04-12 | 2006-01-11 |
| NOURANI, Nourollah | Director | 1991-04-12 | 2025-09-26 |
| MBC NOMINEES LIMITED | Corporate Nominee Director | 1991-04-08 | 1991-04-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cobalt Capital Holdings Limited | Legal person | Shares 75–100% | 2025-12-22 | Active |
| Mr David Nourani | Individual | Shares 25–50% | 2020-11-19 | Ceased 2025-12-22 |
| Mr Nourollah Nourani | Individual | Shares 25–50% | 2016-06-30 | Ceased 2025-09-26 |
Filing timeline
Last 20 of 255 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-22 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-29 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-07-29 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-07-29 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-07-29 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-07-29 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-18 | AA | accounts | Accounts with accounts type full | |
| 2024-09-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-23 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2024-07-23 | AA01 | accounts | Change account reference date company previous extended |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.