MILEWAY VANTAGE 1 LTD
Get an alert when MILEWAY VANTAGE 1 LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3m
+1% vs 2024
Net assets
£105m
+4.5% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£4.5m
-62% vs 2024
Net assets
3-year trend · vs Real Estate 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 | £6,763,181 | £7,640,124 | £7,781,412 | +1.8% | |
| Operating profit | £4,703,506 | £16,921,212 | £9,437,462 | -44.2% | |
| Profit before tax | £141,618 | £11,822,524 | £4,490,233 | -62% | |
| Net profit | £118,741 | £11,780,667 | £4,490,233 | -61.9% | |
| Cash | £3,615,427 | £2,952,561 | £2,982,048 | +1% | |
| Total assets less current liabilities | £198,055,933 | £176,017,387 | — | — | |
| Net assets | £96,655,252 | £100,716,666 | £105,206,899 | +4.5% | |
| Equity | £96,655,252 | £100,716,666 | £105,206,899 | +4.5% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £6,296 | £8,089 | £6,263 | -22.6% |
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 | 69.5% | — | 121.3% | |
| Net margin | 1.8% | 154.2% | 57.7% | |
| Return on capital employed | 2.4% | 9.6% | — | |
| Gearing (liabilities / total assets) | 52.6% | 51.7% | 50.6% | |
| Current ratio | 3.37x | 0.41x | 1.53x | |
| Interest cover | 0.68x | 2.21x | 1.29x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- MILEWAY VANTAGE 1 LTD 2021-04-03 → present
- IRAF UK VANTAGE 1 LIMITED 2018-09-06 → 2021-04-03
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's holding company, Mileway UK REIT Limited has provided a letter of intent to provide adequate funds to enable the Company to meet in full its financial obligations as they fall due for a period of at least twelve months from the date when the financial statements are authorised for issue. The Directors have considered the ability and intent of the holding company to provide this support and are satisfied that this will remain available. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”
Group structure
- MILEWAY VANTAGE 1 LTD · parent
- Mileway Vantage Management Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Andrew Richard | Director | 2021-06-01 | Feb 1981 | British |
| STEWART, Graeme Carrigan | Director | 2023-01-20 | May 1980 | British |
| VASILEV, Panayot Kostadinov | Director | 2021-03-24 | May 1976 | French |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MENDES, Emily | Secretary | 2018-09-06 | 2021-03-24 |
| PAYNE, Simon Jeffrey | Secretary | 2023-01-01 | 2024-05-12 |
| INTERTRUST (UK) LIMITED | Corporate Secretary | 2021-03-24 | 2023-01-01 |
| BUTCHER, Keith David | Director | 2018-09-06 | 2021-03-24 |
| CRIDGE, Philip Mathew | Director | 2021-03-24 | 2023-01-16 |
| HUDSON, David Christopher | Director | 2020-09-21 | 2021-03-24 |
| HUDSON, David Christopher | Director | 2020-03-16 | 2020-09-21 |
| HUXTABLE, Christopher John | Director | 2018-09-06 | 2020-07-31 |
| JACKSON, Stuart Nicholas | Director | 2019-08-13 | 2021-03-24 |
| ROBERTS, Daniel George | Director | 2021-03-24 | 2021-03-24 |
| THORP, Timothy Geoffrey | Director | 2018-09-06 | 2021-03-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stephen Allen Schwarzman | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-24 | Active |
| Iraf Uk Vantage Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Significant influence (as firm) | 2018-09-06 | Ceased 2021-03-24 |
Filing timeline
Last 20 of 117 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-28 | AA | accounts | Accounts with accounts type full | |
| 2026-04-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-31 | SH01 | capital | Capital allotment shares | |
| 2026-03-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-09-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-06 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-01-06 | SH20 | capital | Legacy | |
| 2025-01-06 | CAP-SS | insolvency | Legacy | |
| 2025-01-06 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-24 | AA | accounts | Accounts with accounts type full | |
| 2024-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 3
- 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.