Miles & Miles Limited
Registered name: MILES & MILES LIMITED
Miles & Miles Limited made £181k revenue and a £127k loss in the year to 31 Dec 2025.
Miles & Miles Limited’s revenue fell 50% to £181k in the year to 31 Dec 2025, with a loss of £127k and 7 employees. The company is classified under “other letting and operating of own or leased real estate”; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 73 yrs · since 1953
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £340k | £351k | £362k | £181k |
| Operating profit | £46.2k | £93.4k | £99.9k | −£161k |
| Profit before tax | £202k | £95.2k | £103k | −£158k |
| Profit after tax | £228k | £93.8k | £103k | −£127k |
| Profit (best available) | £228k | £93.8k | £103k | −£127k |
| Staff costs | £213k | £189k | £177k | £271k |
| Employees (average) | 5 | 4 | 7 | 7 |
| Ratios | ||||
| Profit margin | 67.1% | 26.7% | 28.5% | −70% |
| Revenue per employee | £68k | £87.8k | £51.7k | £25.9k |
| Profit per employee | £45.6k | £23.5k | £14.7k | −£18.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲3.2% | ▲3.1% | ▼49.9% |
| Profit growth | — | ▼58.9% | ▲9.9% | ▼223.3% |
| Headcount growth | — | ▼20% | ▲75% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £10.2k | £93.5k | £105k | £36.2k |
| Net assets | £10m | £10.1m | £10.2m | £10.1m |
| Fixed assets | £11.5m | £11.5m | £11.5m | £11.5m |
| Current assets | £691k | £780k | £865k | £692k |
| Debtors | £8.8k | £0 | £760k | £656k |
| Deferred income | £49.9k | £59.4k | £59.9k | £36.6k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −70%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £25.9k
- Revenue ÷ average employees.
- Profit per employee
- −£18.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6312%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 20.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 361.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼1%
- Now £10.1m
- Cash at bank
- ▼66%
- Now £36.2k
- Headcount
- 0%
- Now 7
- Deferred income
- ▼39%
- Now £36.6k
- Fixed assets
- 0%
- Now £11.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£127k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.