The Firmwatch take
Milvale Developments Limited (SC738852) currently shows: Watch signal detected, based on accounts to 31 July 2024; last refreshed 24 May 2026. A strike-off notice has been published. The company can still trade until the second gazette.
Companies House source·Accounts to 31 Jul 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
20 July 2022
3 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
£10
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Risk events · monitored daily
1 event on the watchtower
- 30 Jun 2025
First gazette notice
London Gazette
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for Milvale Developments Limited, we'll email you once.
Money
What the balance sheet says
Net assets
£10
Bottom 30% in sector · sector median £1k · 86,521 filers in this sector
Cash
Not disclosed
Working cap.
−£3k
Median £4k
Current ratio
1.0×
Median 1.1×
Signals · 4
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Construction Main Contractors
How this company compares in 86,521 filers in this sector
Bottom 30% in sector — Milvale Developments Limited shows £10 in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Recent activity
Filings and risk events
- 30 Jun 2025First gazette notice
People
Who runs this company
- BR
BALLANTYNE, Rory Euan
director · since 2023
Registered office
Address intelligence
54 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Address pattern · EH7 4AY
54 other UK companies registered at this postcode.
Active
49
Dissolved
1
Strike-off action
4
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.