MILLENNIUM GROUND WORKS LIMITED Financials
- Company number
- SC242880CopyCopy
- Registered office
- Pavillion 3 Buchannan Business Centre, Stepps, Glasgow G33 6HZ
- Incorporated
- 27/01/2003
Company snapshot
- Status
- Active
- Employees
- 50 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
1.45%vs 20242024: £4.06M
Total Assets
-13.23%vs 20242024: £6.78M
Cash in Bank
-1.37%vs 20242024: £4.73M
Total Liabilities
-41.40%vs 20242024: £2.08M
Employees
0vs 20242024: 50
In 2025, MILLENNIUM GROUND WORKS LIMITED reported net assets of £4.12M. The same filing shows total assets of £5.88M, cash in bank of £4.67M and total liabilities of £1.22M. Reported headcount was 50 in 2025. Total Assets fell from £6.78M in 2024 to £5.88M in 2025 (-13.23%). 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
1.45%from £4.06M 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 GROUND WORKS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+41%vs 2023+18.8% a year compound (CAGR)
Cash in Bank
+35.5%vs 2023+16.4% a year compound (CAGR)
Total Assets
+6.5%vs 2023+3.2% a year compound (CAGR)
Total Liabilities
-38.9%vs 2023-21.8% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+41%
£2.92M in 2023 to £4.12M in 2025
Biggest decrease
Total Liabilities-38.9%
£2.00M in 2023 to £1.22M in 2025
MILLENNIUM GROUND WORKS 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MILLENNIUM GROUND WORKS 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
- 69.99%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
- 20.77%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
- 382.11%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
- 79.35%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 MILLENNIUM GROUND WORKS 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£ | 2.28M | 2.42M | 2.92M | 4.06M | 4.12M |
| Total Assets£ | 5.01M | 4.91M | 5.52M | 6.78M | 5.88M |
| Cash in Bank£ | 2.33M | 2.94M | 3.44M | 4.73M | 4.67M |
| Total Liabilities£ | 1.85M | 1.94M | 2.00M | 2.08M | 1.22M |
| Employees | 50 | 50 | 50 | 50 | 50 |
MILLENNIUM GROUND WORKS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MILLENNIUM GROUND WORKS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MILLENNIUM GROUND WORKS LIMITED reported net assets of £4.12M for 2025. That compares with £4.06M in 2024, a change of 1.45%.
MILLENNIUM GROUND WORKS LIMITED reported total assets of £5.88M for 2025. That compares with £6.78M in 2024, a change of -13.23%.
MILLENNIUM GROUND WORKS LIMITED reported cash in bank of £4.67M for 2025. That compares with £4.73M in 2024, a change of -1.37%.
MILLENNIUM GROUND WORKS LIMITED reported 50 employees in 2025, compared with 50 in 2024.
Between 2023 and 2025, MILLENNIUM GROUND WORKS LIMITED's net assets rose by 41%, cash in bank rose by 35.5%, total assets rose by 6.5% and total liabilities fell by 38.9%. Net assets compounded at 18.8% a year across the two years to 2025, from £2.92M to £4.12M. Reported headcount went from 50 in 2023 to 50 in 2025.
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.