Company Overview
Milecross Financial (Scotland) Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 28 June 2019. Milecross Financial (Scotland) Ltd has been in business for 6 years and 9 months. The accounts status is small and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Milecross Financial Scotland Ltd Unit 36 Coatbridge Business Centre, 204 Main Street, Coatbridge, ML5 3RB
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameMILECROSS FINANCIAL (SCOTLAND) LTD
Company NumberSC634752
Registered Office AddressMilecross Financial Scotland Ltd Unit 36 Coatbridge Business Centre
 204 Main Street
 ML5 3RB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/06/2019
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategorySMALL
Returns Next Due Date26/07/2020
Directors & Members
Show Resigned
Aidan Chavasse - Director
(British, 33 years old, born February 1993)
Appointed 06 June 2025
 Active
Paul Dalzell - Director
(British, 67 years old, born October 1959)
Appointed 28 June 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Aidan Chavasse
OPENWORK INDEPENDENT SOLUTIONS LIMITED
OPENWORK MARKET SOLUTIONS LIMITED
Paul Dalzell
HALO PRIVATE ENTERPRISE LTD
HAZEL WAY COMPANY LIMITED
M & G CLIFFE LIMITED
MILECROSS COMMERCIAL FINANCE LIMITED
MILECROSS FINANCIAL (ENGLAND) LTD
MJA EDINBURGH LTD
MORTGAGES & FINANCIAL SERVICES FOR ALL (SCOTLAND) LTD.
NISURVEY SOLUTIONS LTD
OPENWORK HOLDINGS LIMITED
OPENWORK PARTNERSHIP LLP
OSPREY FINANCIAL SERVICES LTD
PLECTRAE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 1,085,094 1,085,094 1,345,000
Current Assets 659,634 659,634 274,216
Creditors Due Within One Year 285,419 285,419 533,335
Working Cap 374,215 374,215 -259,119
Total Assets Less Current Liabilities 1,459,309 1,459,309 1,085,881
Long-term Liabilities 102,831 102,831 157,950
Net Assets 1,356,478 1,356,478 927,931
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,356,478 1,356,478 927,931
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 62.2% 62.2% 83.1%
Stocks Inventory - - -
Debtors 8.8% 8.8% 6.1%
Cash Bank In Hand 13.2% 13.2% 10.9%
Current Assets 37.8% 37.8% 16.9%
Creditors Due Within One Year 16.4% 16.4% 32.9%
Net Current Assets Liabilities 21.4% 21.4% -16.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 77.7% 77.7% 57.3%
Capital Employed - - -
Total Assets Less Current Liabilities 83.6% 83.6% 67.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 2.3 2.3 0.5
Solvency Ratio 4.5 4.5 2.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 1,744,728 1,744,728 1,619,216
Debt 388,250 388,250 691,285
Net Assets/Debt 1,356,478 1,356,478 927,931

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around ML5 3RB
BLYTHSWOOD MOTORS LIMITED
25 Bothwell Street, Glasgow, ML5 3RB
ALBION ROVERS FOOTBALL CLUB, LTD. (THE)
CLIFTONHILL STADIUM, MAIN STREET, COATBRIDGE, LANARKSHIRE, ML5 3RB
ALCOHOL COUNSELLING TEAM
Unit 9/10 Coatbridge Business Centre, 204 Main Street, Coatbridge, Lanarkshire, ML5 3RB
TES ELECTRICAL & MECHANICAL LIMITED
5 HORNOCK ROAD, COATBRIDGE, ML5 3RB
CLIFFORD FINANCE LIMITED
TITANIUM 1, KINGS INCH PLACE, RENFREW, ML5 3RB
2LET LTD
51 Clydesdale Street, Hamilton, ML5 3RB
JUGGERNAUT GROUP LTD
OPUS RESTRUCTURING LLP, 9 George Square, Glasgow, ML5 3RB
2SELL LTD
OPUS RESTRUCTURING LLP, 9 George Square, Glasgow, ML5 3RB
STEPHEN ROSS ACCOUNTANCY SERVICES LTD
204 MAIN STREET, UNIT 34, COATBRIDGE, ML5 3RB
Document Filings
Termination of appointment of Christopher John Thorndycraft as a director on 30 January 2026
Satisfaction of charge SC6347520003 in full
Confirmation statement made on 27 June 2025 with no updates
Appointment of Mr Aidan Grant Chavasse as a director on 6 June 2025
Termination of appointment of Elizabeth Jane Dalzell as a director on 13 June 2025
Memorandum and Articles of Association
Resolutions
Registration of charge SC6347520003, created on 9 August 2024
Satisfaction of charge SC6347520001 in full
Satisfaction of charge SC6347520002 in full
Confirmation statement made on 27 June 2024 with updates
Registration of charge SC6347520002, created on 6 February 2024
Notification of Milecross Financial Solutions Limited as a person with significant control on 31 December 2023
Cessation of Paul Irvine Dalzell as a person with significant control on 31 December 2023
Cessation of Elizabeth Jane Dalzell as a person with significant control on 31 December 2023
Confirmation statement made on 27 June 2023 with no updates
Appointment of Mr Christopher John Thorndycraft as a director on 26 June 2023
Registered office address changed from 22B West Canal Street Coatbridge ML5 1PR Scotland to Milecross Financial Scotland Ltd Unit 36 Coatbridge Business Centre 204 Main Street Coatbridge ML5 3RB on 22 February 2023
Confirmation statement made on 27 June 2022 with no updates
Confirmation statement made on 27 June 2021 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free