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Miles Drainage 20 Ltd

07517083

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 3, IPSWICH, IP1 4JJ
Incorporated 04/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Christopher Ian Lee

director · Since 04/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Peter Patrick Robotham

director · Since 16/02/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 80

Persons with Significant Control

Mr Christopher Ian Lee

75–100% shares

British · England · Age 59

Unit 3, 47 Knightsdale Road, Ipswich, IP1 4JJ

Notified 04/02/2017

CompanyRankvs 11319+ SIC 43999 peers
70

Financial strength81th percentile among SIC peers · 20/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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11319Miles Drainage 20 Ltd
66
How is this score calculated?
Financial strength20/25 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£95k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£403k

Current Liabilities

£518k

Fixed Assets

£238k

10avg. employees+4

Balance Sheet

Assets less current liabilities£123k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78+£31k
20240.75-£164k
20231.71—

Derived from filed accounts. Not audited figures.