Walter Miles (Electrical Engineers) Limited
00531815
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
06/01/2027
Confirmation statement
Last: 17/01/2026
Due 31/01/2027
Industry
Officers
director · Since 01/12/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
Also on 2 other boards
secretary · Since 20/05/2019
Persons with Significant Control
Walter Miles Electrical Limited
Christopher House, London Road, Leicester, LE2 0QS
Reg: 16146261 · Registrar Of Companies · Company Limited By Shares
Notified 23/12/2024
Former PSCs
Mr David Grenville Miles
Ceased 05/07/2018
Mrs Victoria Ann Miles
Ceased 05/07/2018
Walter Miles Holdings Limited
Ceased 23/12/2024
Charges0 outstanding
DAVID GRENVILLE MILES · VICTORIA ANN MILES
CompanyRankvs 8576+ SIC 43210 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£7.6M
Balance sheet strength
Cash
£7.0M
Cash in the bank
Profit Before Tax
-£813k
Bottom line earnings
Net Current Assets
£7.1M
Working capital
Current Assets
£14.7M
Current Liabilities
£7.6M
Fixed Assets
£510k
Debtors
£7.7M
Cost of Sales
£19.2M
Admin Expenses
£6.1M
Profit After Tax
-£687k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.93 |
Derived from filed accounts. Not audited figures.