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Miles Hire Limited

04655344

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

MILES HIRE LIMITED UPPER STRAND, SWANSEA, SA1 2AN
Incorporated 03/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Ryan David Miles

secretary · Since 03/02/2003

INSURANCE BROKER

WELSH · WALES · Age 46

Also on 13 other boards

Mr Darren Miles

director · Since 03/02/2003

PLANT HIRE MANAGER

WELSH · WALES · Age 54

Also on 1 other board

Mr Ryan David Miles

director · Since 07/11/2006

HIRE MANAGER

WELSH · WALES · Age 46

Also on 13 other boards

Mrs Claire Miles

director · Since 01/06/2021

DIRECTOR

WELSH · WALES · Age 56

Mrs Julie Caroline Miles

director · Since 01/06/2021

DIRECTOR

WELSH · WALES · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Ryan David Miles

25–50% shares
25–50% votes

Welsh · Wales · Age 46

Miles Hire Limited, Upper Strand, Swansea, SA1 2AN

Notified 03/02/2017

Mr Darren Miles

25–50% shares
25–50% votes

Welsh · Wales · Age 54

Miles Hire Limited, Upper Strand, Swansea, SA1 2AN

Notified 03/02/2017

Charges1 outstanding

Charge
outstanding

IFW-DEBT LP (ACTING BY ITS GENERAL PARTNER) FWC IFW DEBT GP LIMITED ACTING BY FW CAPITAL LIMITE

Created 25/03/2026Registered 26/03/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/08/2007Registered 13/09/2007Satisfied 23/03/2026
charge
satisfied

HSBC BANK PLC

Created 16/03/2005Registered 18/03/2005Satisfied 23/03/2026
charge
satisfied

HSBC BANK PLC

Created 12/03/2003Registered 14/03/2003Satisfied 23/03/2026

CompanyRankvs 993+ SIC 77320 peers
59

Financial strength75th percentile among SIC peers · 19/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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993Miles Hire Limited
65
How is this score calculated?
Financial strength19/25 pts

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

Employees14/15 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 28/02/2025

Net Worth

£381k

Balance sheet strength

Cash

£113k

Cash in the bank

Net Current Assets

-£89k

Working capital

Current Assets

£354k

Current Liabilities

£443k

Fixed Assets

£848k

Debtors

£198k

18avg. employees-1

Tax at Year End(2021)

Corp tax£69k

Balance Sheet

Assets less current liabilities£759k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80-£11k
20240.97-£104k
20231.02+£131k
20221.05+£81k
20211.13—

Derived from filed accounts. Not audited figures.