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MILLFIELD WEALTH MANAGEMENT LIMITED Financials

Company number
10246824Copy
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Registered office
23 Heol Y Deri, Rhiwbina, Cardiff CF14 6YF
Incorporated
22/06/2016

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-122.33K2024
-36.24%vs 2023

2023: £-89.79K

Total Assets

£876.33K2024
-13.45%vs 2023

2023: £1.01M

Cash in Bank

£0.002023
-100.00%vs 2022

2022: £10.97K

Total Liabilities

£879.20K2024
-19.73%vs 2023

2023: £1.10M

Employees

82024
0vs 2023

2023: 8

In 2024, MILLFIELD WEALTH MANAGEMENT LIMITED reported net assets of £-122.33K. The same filing shows total assets of £876.33K, cash in bank of £0.00 and total liabilities of £879.20K. Reported headcount was 8 in 2024. Total Liabilities fell from £1.10M in 2023 to £879.20K in 2024 (-19.73%). 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

£-122.33K2024
-36.24%from £-89.79K in 2023

Year-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 MILLFIELD WEALTH MANAGEMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-92.49K2022£-122.33K2024
Decreasedvs 2022

Total Assets

£1.10M2022£876.33K2024
-20.3%vs 2022

-10.7% a year compound (CAGR)

Total Liabilities

£1.18M2022£879.20K2024
-25.7%vs 2022

-13.8% a year compound (CAGR)

Employees

9202282024
-11.1%vs 2022-1

Biggest decrease

Total Liabilities-25.7%

£1.18M in 2022 to £879.20K in 2024

Every indicator Okredo holds for MILLFIELD WEALTH MANAGEMENT LIMITED fell between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MILLFIELD WEALTH MANAGEMENT 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
-13.96%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.

Liabilities to total assets
100.33%2024

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 MILLFIELD WEALTH MANAGEMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-110.97K-92.49K-89.79K-122.33K
Total Assets£1.49M1.10M1.01M876.33K
Cash in Bank£328.04K10.97K0.00–
Total Liabilities£1.59M1.18M1.10M879.20K
Employees9988

MILLFIELD WEALTH MANAGEMENT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MILLFIELD WEALTH MANAGEMENT LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MILLFIELD WEALTH MANAGEMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did MILLFIELD WEALTH MANAGEMENT LIMITED report in 2024?

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MILLFIELD WEALTH MANAGEMENT LIMITED reported net assets of £-122.33K for 2024. That compares with £-89.79K in 2023, a change of -36.24%.

What total assets did MILLFIELD WEALTH MANAGEMENT LIMITED report in 2024?

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MILLFIELD WEALTH MANAGEMENT LIMITED reported total assets of £876.33K for 2024. That compares with £1.01M in 2023, a change of -13.45%.

What cash in bank did MILLFIELD WEALTH MANAGEMENT LIMITED report in 2023?

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MILLFIELD WEALTH MANAGEMENT LIMITED reported cash in bank of £0.00 for 2023. That compares with £10.97K in 2022, a change of -100.00%.

How many people does MILLFIELD WEALTH MANAGEMENT LIMITED employ?

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MILLFIELD WEALTH MANAGEMENT LIMITED reported 8 employees in 2024, compared with 8 in 2023.

How have MILLFIELD WEALTH MANAGEMENT LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MILLFIELD WEALTH MANAGEMENT LIMITED's total assets fell by 20.3%, total liabilities fell by 25.7% and employee numbers fell by 11.1%. Total assets contracted at 10.7% a year across the two years to 2024, from £1.10M to £876.33K. Reported headcount went from 9 in 2022 to 8 in 2024 (-1).

Which years of MILLFIELD WEALTH MANAGEMENT LIMITED financial data are available?

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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.