MILLBANK FX LIMITED Financials
- Company number
- 09969387Copy
Copy - Registered office
- Floor 4 20 King Street, London EC2V 8EG
- Incorporated
- 26/01/2016
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
98.97%vs 20232023: £267.37K
Total Assets
-99.63%vs 20232023: £10.92M
Cash in Bank
-45.17%vs 20232023: £10.53M
Total Liabilities
96.04%vs 20222022: £5.43M
Employees
0vs 20232023: 14
In 2024, MILLBANK FX LIMITED reported net assets of £531.98K. The same filing shows total assets of £40.90K, cash in bank of £5.77M and total liabilities of £10.65M. Reported headcount was 14 in 2024. Total Assets fell from £10.92M in 2023 to £40.90K in 2024 (-99.63%). Okredo holds filed figures for 2021–2024; 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
98.97%from £267.37K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MILLBANK FX LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-53.8%vs 2022-32.1% a year compound (CAGR)
Cash in Bank
-6.1%vs 2022-3.1% a year compound (CAGR)
Total Assets
-99.4%vs 2022-92.1% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Assets-99.4%
£6.58M in 2022 to £40.90K in 2024
Every measure that changed in MILLBANK FX LIMITED's filings between 2022 and 2024 fell. The steepest fall came in total assets, pointing to a narrowing asset base, with net assets and cash in bank falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MILLBANK FX 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
- 1,300.75%2024
- Liabilities to total assets
- 97.55%2023
- Cash to liabilities
- 98.89%2023
- Cash to total assets
- 14,118.14%2024
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MILLBANK FX LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 560.79K | 1.15M | 267.37K | 531.98K |
| Total Assets£ | 2.77M | 6.58M | 10.92M | 40.90K |
| Cash in Bank£ | 2.06M | 6.15M | 10.53M | 5.77M |
| Total Liabilities£ | 2.21M | 5.43M | 10.65M | – |
| Employees | 7 | 14 | 14 | 14 |
MILLBANK FX LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MILLBANK FX LIMITED filed financial statements?
Yes. Okredo holds filed figures for MILLBANK FX LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MILLBANK FX LIMITED report in 2024?
MILLBANK FX LIMITED reported net assets of £531.98K for 2024. That compares with £267.37K in 2023, a change of 98.97%.
What total assets did MILLBANK FX LIMITED report in 2024?
MILLBANK FX LIMITED reported total assets of £40.90K for 2024. That compares with £10.92M in 2023, a change of -99.63%.
What cash in bank did MILLBANK FX LIMITED report in 2024?
MILLBANK FX LIMITED reported cash in bank of £5.77M for 2024. That compares with £10.53M in 2023, a change of -45.17%.
How many people does MILLBANK FX LIMITED employ?
MILLBANK FX LIMITED reported 14 employees in 2024, compared with 14 in 2023.
How have MILLBANK FX LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MILLBANK FX LIMITED's net assets fell by 53.8%, cash in bank fell by 6.1%, total assets fell by 99.4% and employee numbers was unchanged. Net assets contracted at 32.1% a year across the two years to 2024, from £1.15M to £531.98K. Reported headcount went from 14 in 2022 to 14 in 2024.
Which years of MILLBANK FX LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.