MILL PHARM LIMITED Financials
- Company number
- 06620304CopyCopy
- Registered office
- 124 Newland Street, Witham CM8 1BA
- Incorporated
- 16/06/2008
Company snapshot
- Status
- Active
- Employees
- 36 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-79.33%vs 20222022: £340.34K
Total Assets
-10.71%vs 20222022: £905.75K
Cash in Bank
-46.94%vs 20222022: £124.75K
Total Liabilities
58.44%vs 20222022: £302.84K
Employees
+6vs 20222022: 30
In 2023, MILL PHARM LIMITED reported net assets of £70.34K. The same filing shows total assets of £808.76K, cash in bank of £66.18K and total liabilities of £479.83K. Reported headcount was 36 in 2023. Net Assets fell from £340.34K in 2022 to £70.34K in 2023 (-79.33%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-79.33%from £340.34K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MILL PHARM LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-80.2%vs 2021-55.5% a year compound (CAGR)
Cash in Bank
-54.3%vs 2021-32.4% a year compound (CAGR)
Total Assets
-25.7%vs 2021-13.8% a year compound (CAGR)
Total Liabilities
+2.7%vs 2021+1.3% a year compound (CAGR)
Employees
+20%vs 2021+6Biggest increase
Employees+20%
30 in 2021 to 36 in 2023
Biggest decrease
Net Assets-80.2%
£355.39K in 2021 to £70.34K in 2023
MILL PHARM LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MILL PHARM LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 8.70%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 59.33%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 13.79%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 8.18%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MILL PHARM LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 355.39K | 340.34K | 70.34K |
| Total Assets£ | 1.09M | 905.75K | 808.76K |
| Cash in Bank£ | 144.89K | 124.75K | 66.18K |
| Total Liabilities£ | 467.37K | 302.84K | 479.83K |
| Employees | 30 | 30 | 36 |
MILL PHARM LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MILL PHARM LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MILL PHARM LIMITED reported net assets of £70.34K for 2023. That compares with £340.34K in 2022, a change of -79.33%.
MILL PHARM LIMITED reported total assets of £808.76K for 2023. That compares with £905.75K in 2022, a change of -10.71%.
MILL PHARM LIMITED reported cash in bank of £66.18K for 2023. That compares with £124.75K in 2022, a change of -46.94%.
MILL PHARM LIMITED reported 36 employees in 2023, compared with 30 in 2022.
Between 2021 and 2023, MILL PHARM LIMITED's net assets fell by 80.2%, cash in bank fell by 54.3%, total assets fell by 25.7% and total liabilities rose by 2.7%. Net assets contracted at 55.5% a year across the two years to 2023, from £355.39K to £70.34K. Reported headcount went from 30 in 2021 to 36 in 2023 (+6).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.