MILLAR & MCGOWAN LIMITED Financials
- Company number
- SC053853CopyCopy
- Registered office
- C/O Abbeygreen Pharmacy 71-73 Abbeygreen, Lesmahagow, Lanark ML11 0EF
- Incorporated
- 27/08/1973
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £351.69K
Total Assets
2024: £604.00K
Cash in Bank
2024: £108.52K
Total Liabilities
2024: £252.31K
Employees
2024: 10
In 2025, MILLAR & MCGOWAN LIMITED reported net assets of £420.76K. The same filing shows total assets of £736.04K, cash in bank of £161.24K and total liabilities of £315.28K. Reported headcount was 10 in 2025. Total Assets rose from £604.00K in 2024 to £736.04K in 2025 (21.86%). Okredo holds filed figures for 2021–2025; 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
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MILLAR & MCGOWAN LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+47.8% a year compound (CAGR)
Cash in Bank
-6.9% a year compound (CAGR)
Total Assets
+40.8% a year compound (CAGR)
Total Liabilities
+36% a year compound (CAGR)
Employees
Biggest increase
Net Assets+118%
£192.68K in 2023 to £420.76K in 2025
Biggest decrease
Employees-23.1%
13 in 2023 to 10 in 2025
MILLAR & MCGOWAN LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MILLAR & MCGOWAN 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
- 57.17%2025
- 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
- 42.83%2025
- 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
- 51.14%2025
- 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
- 21.91%2025
- 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 MILLAR & MCGOWAN LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 217.17K | 189.01K | 192.68K | 351.69K | 420.76K |
| Total Assets£ | 341.08K | 427.23K | 371.22K | 604.00K | 736.04K |
| Cash in Bank£ | 191.84K | 131.06K | 185.88K | 108.52K | 161.24K |
| Total Liabilities£ | 113.08K | 228.85K | 170.47K | 252.31K | 315.28K |
| Employees | 12 | 10 | 13 | 10 | 10 |
MILLAR & MCGOWAN LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MILLAR & MCGOWAN LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MILLAR & MCGOWAN LIMITED reported net assets of £420.76K for 2025. That compares with £351.69K in 2024, a change of 19.64%.
MILLAR & MCGOWAN LIMITED reported total assets of £736.04K for 2025. That compares with £604.00K in 2024, a change of 21.86%.
MILLAR & MCGOWAN LIMITED reported cash in bank of £161.24K for 2025. That compares with £108.52K in 2024, a change of 48.59%.
MILLAR & MCGOWAN LIMITED reported 10 employees in 2025, compared with 10 in 2024.
Between 2023 and 2025, MILLAR & MCGOWAN LIMITED's net assets rose by 118%, cash in bank fell by 13.3%, total assets rose by 98.3% and total liabilities rose by 85%. Net assets compounded at 47.8% a year across the two years to 2025, from £192.68K to £420.76K. Reported headcount went from 13 in 2023 to 10 in 2025 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.