Back to search

Miles Better Heat Limited

13574324

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

14 CASTLE STREET ARETE OFFICES, LIVERPOOL, L2 0NE
Incorporated 19/08/2021

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Adam John Leah

director · Since 19/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Mr Ryan Paul Hancock

director · Since 08/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Ben Hatton

director · Since 08/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Mr Simon Martin Lord

director · Since 22/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 46 other boards

Mr Daniel Healey

director · Since 21/03/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Adam Leah

25–50% votes

British · United Kingdom · Age 47

Unit 2, Greg Street Industrial Estate, Reddish, SK5 7BS

Notified 19/08/2021

Former PSCs

Arete Investors 17 (Nominees) Limited

Ceased 22/04/2022

Charges1 outstanding

Charge
outstanding

TDC IMPACT LIMITED

Created 22/04/2022Registered 25/04/2022

CompanyRankvs 7475+ SIC 47910 peers
53

Financial strength100th percentile among SIC peers · 25/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 5.61× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees8/15 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.

Longevity5/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£4.6M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£6.1M

Working capital

Current Assets

£7.4M

Current Liabilities

£1.3M

Fixed Assets

£634k

Debtors

£723k

Profit After Tax

-£429k

1avg. employees+1

Tax at Year End

Corp tax£21k
Dividends paid-£90k

People Costs

Wages & salaries£2.1M

Balance Sheet

Intangible assets£2.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.61+£157k
2024+£36k

Derived from filed accounts. Not audited figures.