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MILLBANK GARAGE LIMITED Financials

Company number
04782519Copy
Copy
Registered office
Millbank Garage, Skiddaw Street, Keswick CA12 4BY
Incorporated
30/05/2003

Company snapshot

Status
Active
Employees
5 (2026)
Latest financial data
2026
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£1.00K2026
-24.76%vs 2025

2025: £1.33K

Total Assets

£74.04K2026
4.16%vs 2025

2025: £71.08K

Total Liabilities

£73.04K2026
4.71%vs 2025

2025: £69.75K

Employees

52026
+1vs 2025

2025: 4

In 2026, MILLBANK GARAGE LIMITED reported net assets of £1.00K. The same filing shows total assets of £74.04K and total liabilities of £73.04K. Reported headcount was 5 in 2026. Total Liabilities rose from £69.75K in 2025 to £73.04K in 2026 (4.71%). Okredo holds filed figures for 2022–2026; 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

£1.00K2026
-24.76%from £1.33K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures MILLBANK GARAGE LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£1.80K2024£1.00K2026
-44.3%vs 2024

-25.4% a year compound (CAGR)

Total Assets

£95.55K2024£74.04K2026
-22.5%vs 2024

-12% a year compound (CAGR)

Total Liabilities

£93.76K2024£73.04K2026
-22.1%vs 2024

-11.7% a year compound (CAGR)

Employees

4202452026
+25%vs 2024+1

Biggest increase

Employees+25%

4 in 2024 to 5 in 2026

Biggest decrease

Net Assets-44.3%

£1.80K in 2024 to £1.00K in 2026

MILLBANK GARAGE LIMITED's filings pull in both directions between 2024 and 2026. 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 MILLBANK GARAGE 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
1.35%2026
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
98.65%2026
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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MILLBANK GARAGE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£9.14K1.90K1.80K1.33K1.00K
Total Assets£86.37K89.27K95.55K71.08K74.04K
Cash in Bank£–––––
Total Liabilities£77.23K87.37K93.76K69.75K73.04K
Employees44445

MILLBANK GARAGE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MILLBANK GARAGE LIMITED covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.

MILLBANK GARAGE LIMITED reported net assets of £1.00K for 2026. That compares with £1.33K in 2025, a change of -24.76%.

MILLBANK GARAGE LIMITED reported total assets of £74.04K for 2026. That compares with £71.08K in 2025, a change of 4.16%.

MILLBANK GARAGE LIMITED reported total liabilities of £73.04K for 2026. That compares with £69.75K in 2025, a change of 4.71%.

MILLBANK GARAGE LIMITED reported 5 employees in 2026, compared with 4 in 2025.

Between 2024 and 2026, MILLBANK GARAGE LIMITED's net assets fell by 44.3%, total assets fell by 22.5%, total liabilities fell by 22.1% and employee numbers rose by 25%. Net assets contracted at 25.4% a year across the two years to 2026, from £1.80K to £1.00K. Reported headcount went from 4 in 2024 to 5 in 2026 (+1).

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.