MILEWAY VANTAGE 2 LTD
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Cash
£1.8m
+2.3% vs 2024
Net assets
£55m
+1.5% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£3.2m
-25.2% lowest in 3 filed years
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 | £4,851,504 | £4,978,670 | £5,016,992 | +0.8% | |
| Operating profit | £5,743,091 | £6,143,441 | £5,048,130 | -17.8% | |
| Profit before tax | £4,047,853 | £4,281,895 | £3,204,980 | -25.2% | |
| Net profit | £4,044,060 | £4,454,196 | £3,204,980 | -28% | |
| Cash | £1,929,031 | £1,730,046 | £1,769,110 | +2.3% | |
| Total assets less current liabilities | £91,452,456 | £86,639,720 | £89,458,503 | +3.3% | |
| Net assets | £50,088,451 | £54,542,647 | £55,387,691 | +1.5% | |
| Equity | £50,088,451 | £54,542,647 | £55,387,691 | +1.5% | |
| Average employees | 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 | 118.4% | 123.4% | 100.6% | |
| Net margin | 83.4% | 89.5% | 63.9% | |
| Return on capital employed | 6.3% | 7.1% | 5.6% | |
| Gearing (liabilities / total assets) | 47.1% | 45.1% | 45.6% | |
| Current ratio | 2.48x | 0.71x | 2.27x | |
| Interest cover | 2.02x | 1.96x | 1.67x |
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 1 time since incorporation
- MILEWAY VANTAGE 2 LTD 2021-04-03 → present
- IRAF UK VANTAGE 2 LIMITED 2018-09-06 → 2021-04-03
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- 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
- “On 18 March 2026, the Company passed a special resolution to reduce its share capital from £15,400,205 to £13,037,203, representing a reduction of £2,363,002. This has been assessed as a non-adjusting event after the reporting period and therefore no adjustment has been made to the financial statements for the year ended 31 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Andrew Richard | Director | 2021-06-01 | Feb 1981 | British |
| ROBERTS, Daniel George | Director | 2021-03-24 | Sep 1980 | British |
| STEWART, Graeme Carrigan | Director | 2023-01-20 | May 1980 | British |
| VASILEV, Panayot Kostadinov | Director | 2021-03-24 | May 1976 | French |
Show 10 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 | 2020-03-16 | 2020-07-31 |
| 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 101 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-09 RESOLUTIONS Resolution
- 2025-10-06 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-28 | AA | accounts | Accounts with accounts type full | |
| 2026-06-23 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-04-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-09 | SH20 | capital | Legacy | |
| 2026-04-09 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-04-09 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-09 | CAP-SS | insolvency | Legacy | |
| 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 | |
| 2025-10-06 | MA | incorporation | Memorandum articles | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-23 | AA | accounts | Accounts with accounts type full | |
| 2024-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-21 | CH01 | officers | Change person director company with change date | |
| 2024-05-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-15 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- 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.