Milnbank Property Services Limited
Registered name: MILNBANK PROPERTY SERVICES LIMITED
Milnbank Property Services Limited made £979k revenue and £31.3k profit in the year to 31 Mar 2025.
Milnbank Property Services Limited’s revenue grew 25% to £979k in the year to 31 Mar 2025, with £31.3k profit and 0 employees. The company is classified under “renting and operating of housing association real estate” and is based in Glasgow; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £781k | £979k |
| Cost of sales | £746k | £890k |
| Gross profit | £35k | £89.2k |
| Operating profit | £5.1k | £31.3k |
| Profit before tax | £5.1k | £31.3k |
| Profit after tax | £5.1k | £31.3k |
| Profit (best available) | £5.1k | £31.3k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 0.7% | 3.2% |
| Gross margin | 4.5% | 9.1% |
| Growth (year on year) | ||
| Revenue growth | — | ▲25.3% |
| Profit growth | — | ▲514.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £152k | £195k |
| Net assets | £5.2k | £28.1k |
| Current assets | £473k | £687k |
| Debtors | £33.5k | £188k |
| Deferred income | £56.5k | £132k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 9.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 13.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲445%
- Now £28.1k
- Cash at bank
- ▲28%
- Now £195k
- Headcount
- —
- Now 0
- Deferred income
- ▲133%
- Now £132k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Milnbank Housing Association (registered outside the UK register)
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Staff
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- My Great Life C.I.C.Preston Brook · Renting and operating of Housing Association real estate
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- Bromford Assured Homes LimitedTewkesbury · Renting and operating of Housing Association real estate
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £31.3k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.