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Miles Electronics Limited

03220719

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

11 WINTON CHASE, ANDOVER, SP10 2SE
Incorporated 04/07/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Wayne Lawrence Miles

director · Since 07/11/1996

ELECTRONICS ENGINEER

ENGLISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Mr Wayne Lawrence Miles

25–50% shares

English · England · Age 62

Wilson House Unit 3, Magellan Close, Andover, SP10 5NT

Notified 12/07/2016

Charges1 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 27/01/1997Registered 08/02/1997

CompanyRankvs 1599+ SIC 27900 peers
32

Financial strength11th percentile among SIC peers · 3/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1599Miles Electronics Limited
38
How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

-£3k

Balance sheet strength

Cash

£101

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£24k

Current Liabilities

£27k

Debtors

£24k

0avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89+£0
20250.89-£53k
20245.97-£11k
20233.18-£57k
202110.70-£20k
20206.03-£61k
20194.06+£40k
20182.87—

Derived from filed accounts. Not audited figures.