Mills Milk (scotland) Ltd

Mills Milk Scotland Ltd, based in Glasgow, UK, is a small, active company founded nine years ago. Employing 50 people, it holds £2,096,901 in assets and operates from a virtual address shared by thirty other companies. With two directors and one owner, it boasts a respectable 4.0 Google rating from 243 reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories—with one month of imports recorded as of October 2024.

The company's website showcases a direct-to-consumer milk delivery service operating in Ayrshire, Glasgow, Inverness, and Edinburgh. It emphasizes fresh, organic dairy and produce, delivered directly to homes and businesses. The website also features a growing selection of Warburtons products and highlights a commitment to integrating innovations into traditional dairy practices. A separate section details services for schools and businesses, including fresh milk deliveries and even piano restoration services—a surprising diversification.

Financially, Mills Milk Scotland Ltd presents a mixed picture. Average employees increased by 48% to 74, while cash bank on hand jumped 280% to £160,000. However, net assets liabilities decreased by 74%, and net current assets liabilities plummeted to £54,000. Bank borrowings also decreased, with the current financial instruments dropping to £10,000. Creditors increased by 49%, suggesting a need to manage debt. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity is a concern. No auditor is mentioned, indicating exemption as a small company, and the figures are unaudited.

Overall, Mills Milk Scotland Ltd seems to be navigating a period of change. While cash reserves are healthy, the drop in equity and increase in creditors suggest a need to carefully monitor finances and potentially streamline operations. The diversification into piano restoration, while intriguing, may also be a distraction from the core milk delivery business.

Registered in Scotland under the registration number SC530336, with a registered address at G2 5JF, Scotland, Glasgow, 145 St. Vincent Street.

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