Milvus Advanced Limited

Milvus Advanced Ltd, based in Oxford, UK, is a small, active company founded four years ago. With a single employee and £1,170,943 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company regularly imports optical and medical tools and devices, with recent activity recorded in May 2024.

Milvus Advanced is focused on transforming common metals into high-performing nanomaterials for decarbonization. Their website highlights a "Midastouch" alloy that replicates platinum-group metals at one-hundredth of the cost, aiming to provide hardware infrastructure for a low-carbon future. They are currently building the hardware infrastructure for a low-carbon future and plan to launch commercial nanocatalysts in 2026. The company’s website also indicates a focus on careers and encourages contact for inquiries.

Financially, Milvus Advanced Ltd shows some concerning trends. While the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, cash reserves have fallen by 47% to £820,000. Trade debtors have increased significantly, by 2400%, reaching £350,000, which could indicate difficulties in collecting payments. On the plus side, creditors decreased by 76%, suggesting better management of short-term debts. The company’s equity has also increased by 28%, to £2,000,000, which is a positive sign. The company’s net current assets liabilities decreased by 25%, to £1,100,000. No auditor is mentioned, which is typical for a small, exempt company. The accounts are unaudited and prepared in accordance with FRS 102.

Registered in England/Wales under the registration number 13105121, with a registered address at OX9 3EZ, United Kingdom, Oxford, Oxfordshire, 30 Upper High Street.

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