MILLENNIUM ENGINEERING LIMITED Financials
- Company number
- 05887710Copy
Copy - Registered office
- C/O Westcotts (Sw) Llp Plym House, 3 Longbridge Road, Marsh Mills, Plymouth, Devon PL6 8LT
- Incorporated
- 26/07/2006
Company snapshot
- Status
- Active
- Employees
- 11 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-15.95%vs 20242024: £281.39K
Total Assets
16.31%vs 20242024: £399.55K
Cash in Bank
-10.39%vs 20242024: £100.92K
Total Liabilities
93.16%vs 20242024: £118.16K
Employees
+2vs 20242024: 9
In 2025, MILLENNIUM ENGINEERING LIMITED reported net assets of £236.50K. The same filing shows total assets of £464.74K, cash in bank of £90.44K and total liabilities of £228.24K. Reported headcount was 11 in 2025. Total Liabilities rose from £118.16K in 2024 to £228.24K in 2025 (93.16%). 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
-15.95%from £281.39K in 2024Year-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 MILLENNIUM ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-52.2%vs 2023-30.9% a year compound (CAGR)
Cash in Bank
-38.7%vs 2023-21.7% a year compound (CAGR)
Total Assets
-28.5%vs 2023-15.5% a year compound (CAGR)
Total Liabilities
+47.3%vs 2023+21.4% a year compound (CAGR)
Employees
+37.5%vs 2023+3Biggest increase
Total Liabilities+47.3%
£154.92K in 2023 to £228.24K in 2025
Biggest decrease
Net Assets-52.2%
£495.26K in 2023 to £236.50K in 2025
MILLENNIUM ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 MILLENNIUM ENGINEERING 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
- 50.89%2025
- Liabilities to total assets
- 49.11%2025
- Cash to liabilities
- 39.62%2025
- Cash to total assets
- 19.46%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.
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 MILLENNIUM ENGINEERING 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£ | 684.92K | 590.68K | 495.26K | 281.39K | 236.50K |
| Total Assets£ | 917.64K | 768.27K | 650.18K | 399.55K | 464.74K |
| Cash in Bank£ | 143.28K | 72.80K | 147.53K | 100.92K | 90.44K |
| Total Liabilities£ | 198.01K | 137.15K | 154.92K | 118.16K | 228.24K |
| Employees | 10 | 11 | 8 | 9 | 11 |
MILLENNIUM ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MILLENNIUM ENGINEERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for MILLENNIUM ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MILLENNIUM ENGINEERING LIMITED report in 2025?
MILLENNIUM ENGINEERING LIMITED reported net assets of £236.50K for 2025. That compares with £281.39K in 2024, a change of -15.95%.
What total assets did MILLENNIUM ENGINEERING LIMITED report in 2025?
MILLENNIUM ENGINEERING LIMITED reported total assets of £464.74K for 2025. That compares with £399.55K in 2024, a change of 16.31%.
What cash in bank did MILLENNIUM ENGINEERING LIMITED report in 2025?
MILLENNIUM ENGINEERING LIMITED reported cash in bank of £90.44K for 2025. That compares with £100.92K in 2024, a change of -10.39%.
How many people does MILLENNIUM ENGINEERING LIMITED employ?
MILLENNIUM ENGINEERING LIMITED reported 11 employees in 2025, compared with 9 in 2024.
How have MILLENNIUM ENGINEERING LIMITED financials changed over the last 3 years?
Between 2023 and 2025, MILLENNIUM ENGINEERING LIMITED's net assets fell by 52.2%, cash in bank fell by 38.7%, total assets fell by 28.5% and total liabilities rose by 47.3%. Net assets contracted at 30.9% a year across the two years to 2025, from £495.26K to £236.50K. Reported headcount went from 8 in 2023 to 11 in 2025 (+3).
Which years of MILLENNIUM ENGINEERING LIMITED financial data are available?
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.