Back to search

1st Mile Education (Ne) Limited

15518492

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

6 REGENT TERRACE, GATESHEAD, NE8 1LU
Incorporated 24/02/2024

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

85600
Educational support services

Officers

Ms Carol Ann Milne

director · Since 24/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Persons with Significant Control

Ms Carol Ann Milne

50–75% shares

British · United Kingdom · Age 65

6, Regent Terrace, Gateshead, NE8 1LU

Notified 24/02/2024

Former PSCs

Ms Julia Poole

Ceased 06/03/2025

CompanyRankvs 7846+ SIC 85600 peers
63

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees15/15 pts

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

Liquidity6/20 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 31/05/2025

Net Worth

£119k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

-£26k

Working capital

Current Assets

£204k

Current Liabilities

£230k

Fixed Assets

£145k

Debtors

£50k

28avg. employees

Balance Sheet

Intangible assets£130k
Assets less current liabilities£119k
Signed by Ms C Milne 17 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.89

Derived from filed accounts. Not audited figures.