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Miles Better Heat Bidco Limited

13576028

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

Some Concerns

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

Details

14 CASTLE STREET ARETE OFFICES, LIVERPOOL, L2 0NE
Incorporated 20/08/2021

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Adam John Leah

director · Since 20/08/2021

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

Miles Better Heat Limited

75–100% shares
75–100% votes
Appoint directors

14 Castle Street, Arete Offices, Liverpool, L2 0NE

Reg: 13574324 · Companies House · Private Limited Company

Notified 20/08/2021

Charges1 outstanding

Charge
outstanding

TDC IMPACT LIMITED

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

CompanyRankvs 72184+ SIC 47910 peers
12

Financial strength29th percentile among SIC peers · 7/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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

£1

Balance sheet strength

Cash

£1

Cash in the bank

Profit Before Tax

£350k

Bottom line earnings

Net Current Assets

-£5.5M

Working capital

Current Assets

£1.8M

Current Liabilities

£7.4M

Debtors

£1.8M

Profit After Tax

£350k

0avg. employees

Tax at Year End

Dividends paid£500k

Balance Sheet

Assets less current liabilities£1
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.25
20240.21
20230.15

Derived from filed accounts. Not audited figures.