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Miles Audio Limited

08312444

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

2 TRESSELL WAY, LEICESTER, LE3 3RA
Incorporated 29/11/2012

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/11/2025

Due 13/12/2026

On track

Industry

59200
Sound recording and music publishing activities

Officers

Mr James Alexander Miles

director · Since 29/11/2012

SOUND ENGINEER

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr James Miles

75–100% shares

English · England · Age 39

2, Tressell Way, Leicester, LE3 3RA

Notified 01/11/2016

CompanyRankvs 699+ SIC 59200 peers
80

Financial strength95th percentile among SIC peers · 24/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 5.87× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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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.

Employees7/15 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.

Longevity14/15 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 31/12/2024

Net Worth

£232k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£212k

Working capital

Current Assets

£255k

Current Liabilities

£44k

Fixed Assets

£20k

1avg. employees

Balance Sheet

Assets less current liabilities£232k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20245.87+£26k
20236.72+£19k
20223.14+£36k
20213.67+£20k
20204.00+£1k
20194.52+£17k
20184.52

Derived from filed accounts. Not audited figures.