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Mile One Limited

06401498

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2 ST ANDREWS PLACE, LEWES, BN7 1UP
Incorporated 17/10/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Patrick Francis Ballin

secretary · Since 17/10/2007

CONSULTANT

BRITISH · ENGLAND · Age 65

Also on 7 other boards

Ms Kay Armstrong

director · Since 17/10/2007

CONSULTANT

BRITISH · UNITED KINGDOM · Age 63

Mr Patrick Francis Ballin

director · Since 17/10/2007

CONSULTANT

BRITISH · ENGLAND · Age 65

Also on 7 other boards

Persons with Significant Control

Mr Patrick Francis Ballin

25–50% shares
25–50% votes

British · England · Age 65

4 Lockitt Way, Kingston, Lewes, BN7 3LG

Notified 06/04/2016

Ms Kay Armstrong

25–50% shares
25–50% votes

British · United Kingdom · Age 63

4 Lockitt Way, Kingston, Lewes, BN7 3LG

Notified 06/04/2016

CompanyRankvs 37814+ SIC 70229 peers
57

Financial strength25th percentile among SIC peers · 6/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 9.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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37814Mile One Limited
67
How is this score calculated?
Financial strength6/25 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.

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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal

Key FinancialsYear ending 31/10/2025

Net Worth

£2

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£61k

Current Liabilities

£6k

Fixed Assets

£0

Debtors

£10k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20259.47
20245.97
20236.05
20224.94
20212.99

Derived from filed accounts. Not audited figures.