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Miles Industrial Electronics Limited

03762095

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

22-24 CRANFORD TERRACE, NORTHAMPTON, NN2 7AZ
Incorporated 26/04/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Michael Leslie Hiller

director · Since 26/04/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Michael Leslie Hiller

secretary · Since 30/04/2004

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Michael Leslie Hiller

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 59

Stoneleigh, Yew Tree Lane, Spratton, NN6 8HL

Notified 06/04/2016

Mrs Hazel Hiller

25–50% shares
25–50% votes

British · England · Age 55

Stoneleigh, Yew Tree Lane, Spratton, NN6 8HL

Notified 27/04/2021

CompanyRankvs 1458+ SIC 62090 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1458Miles Industrial Electronics Limited
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How is this score calculated?
Financial strength24/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.3M

Current Liabilities

£186k

Fixed Assets

£59k

Debtors

£191k

2avg. employees

Tax at Year End

Corp tax£60k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.06-£6k
20244.35+£72k
20237.98—

Derived from filed accounts. Not audited figures.