Miles Water Engineering Ltd
08405751
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/02/2013
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Mr Giles Robert Orford
British · England · Age 46
School House Farm, Great Ashfield, Bury St Edmunds, IP31 3HJ
Notified 06/04/2016
Charges1 outstanding
BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)
ALDERMORE BANK PLC
CompanyRankvs 135+ SIC 42910 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£405k
Balance sheet strength
Cash
£96k
Cash in the bank
Net Current Assets
£91k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.1M
Fixed Assets
£498k
Debtors
£1.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.08 | +£75k |
| 2023 | 1.01 | -£16k |
| 2022 | 1.30 | -£11k |
| 2021 | 1.17 | +£302k |
| 2020 | 1.12 | +£87k |
| 2019 | 0.98 | — |
| 2018 | 0.96 | — |
Derived from filed accounts. Not audited figures.