MILBANK CONCRETE PRODUCTS 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

• Turnover

  -10.1%

  £27,857,229 → £25,049,565

• Cash

  -46.5%

  £404,325 → £216,384

• Net assets

  +0.4%

  £7,318,876 → £7,350,634

• Employees

  +0.7%

  136 → 137

• Operating profit

  -42.5%

  £5,459,033 → £3,140,880

• Profit before tax

  -43.1%

  £5,676,970 → £3,231,041

• Wages

  +2.8%

  £6,081,483 → £6,250,678

  highest in 6 filed years

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

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.

1. MILBANK CONCRETE PRODUCTS LIMITED 2012-03-08 → present
2. MILBANK ROOFS LIMITED 2001-04-11 → 2012-03-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ensors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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”

Significant events

• “In 2024, a low-carbon concrete mix using cement replacement technology was introduced, achieving up to 21% reduction in cement content without performance compromise. This is expected to reduce 2,800 tonnes of Scope 3 CO2e annually.”
• “The company has influenced its key suppliers to follow Milbank Concrete Products in the switch from diesel to renewable HVO biofuel which is estimated to save a further 715 tonnes of Scope 3 CO2e annually.”
• “During the year the company also invested over £500k in carbon saving assets expanding the solar infrastructure across both production facilities and replacing several diesel-powered plant assets with fully electric versions. This included a new battery powered concrete transporter - the first of its kind in the UK.”
• “Subsequent to the period end the Company entered into a debenture with a lender, HSBC UK Bank Plc, which contains a fixed charge over certain assets and floating charge over all property and undertaking of the Company, present or future in relation to amounts owed by the Company or any other group companies. The existing Composite Guarantee and Debenture with Arbuthnot Commercial Asset Based Lending Limited and Debenture and Omnibus Guarantee & Set-off Agreement with Lloyds Bank Plc, were released at the same time.”
• “The Company also entered into a charge with HSBC Invoice Finance (UK) Limited which contains a fixed charge over certain assets and a floating charge over certain present and future assets in relation to amounts owed by the Company.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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