Milbank Concrete Products Limited

Milbank Concrete Products Ltd, based in Colchester, UK, is a sizable company with a 24-year history, currently employing 140 people. The business holds £10,769,040 in assets and generates £27,857,229 in yearly revenue. It’s a holding company with an active status and has six directors and one owner. A Google rating of 4.0 from 20 reviews suggests a generally positive customer perception. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on November 01, 2024.

The company is a leading manufacturer and supplier of precast concrete products, helping build better structures. Their website highlights a focus on sustainability, with a pledge to become net-zero for emissions by 2030. They offer a full-package service, from design and manufacture to installation and delivery, catering to a wide range of sectors including house building, commercial, and public sector. They even have an online calculator to help customers estimate material needs.

Financially, Milbank Concrete Products Ltd demonstrates a mixed picture. Current assets increased by 10%, reaching £11,000,000, while revenue jumped 14%, hitting £28,000,000. However, net assets decreased by 10%, settling at £7,300,000, and bank borrowings surged by 1700%, reaching £29,000. Cash reserves fell 30% to £400,000. Creditors decreased by 10%, suggesting better debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total more than £18 million. The lack of an auditor mentioned likely means the company is exempt from an audit. Overall, Milbank Concrete Products Ltd seems to be navigating a period of growth and change, with a focus on sustainability and customer service.

Registered in England/Wales under the registration number 04198265, with a registered address at CO6 2NS, Colchester, Essex, Earls Colne Business Park, Earls Colne.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.