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4986 Miles Ltd

15199220

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

8 STATION ROAD, UPMINSTER, RM14 2UB
Incorporated 09/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Gulam Iftakar Hussain

director · Since 19/05/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Gulam Iftakar Hussain

25–50% shares
75–100% votes
Appoint directors

British · England · Age 44

8, Station Road, Upminster, RM14 2UB

Notified 19/05/2024

Former PSCs

Mr Russel Ahmed

Ceased 09/10/2023

CompanyRankvs 26209+ SIC 56101 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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262094986 Miles Ltd
32
How is this score calculated?
Financial strength2/25 pts

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

Employees11/15 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.

Longevity3/15 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 31/10/2025

Net Worth

-£171k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£247k

Working capital

Current Assets

£1k

Current Liabilities

£248k

Fixed Assets

£76k

10avg. employees+5

Balance Sheet

Assets less current liabilities-£171k
Signed by Mr Gulam Iftakar Hussain 27/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£624
20240.01—

Derived from filed accounts. Not audited figures.