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Company No. 13576028 · Incorporated 20 Aug 2021

Miles Better Heat Bidco Limited

Registered name: MILES BETTER HEAT BIDCO LIMITED

Part of Miles Better Heat Limited group

Miles Better Heat Bidco Limited made £0 revenue and £350k profit in the year to 31 Mar 2025. read from filing text

Miles Better Heat Bidco Limited’s revenue was £0 in the year to 31 Mar 2025, with £350k profit and 0 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Liverpool; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47910Retail sale via mail order houses or via Internet
Status
Active
Location
Liverpool, North West
Age
5 yrs · since 2021
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate parent company of”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamYoung and profitable
Revenue
£0
Growth —
Profit
£350k
Growth ▼30%
Profit margin
—
 
Employees
0
Change —
Profit / employee
—
 
Profitable streak
3yrs
Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LProfit onlyFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)——£0£0
Profit before tax—£500k£500k£350k
Profit after tax—£500k£500k£350k
Profit (best available)—£500k£500k£350k
Employees (average)0000
Ratios
Profit margin————
Growth (year on year)
Profit growth——0%▼30%
Balance sheet — indirect signals, not revenue
Cash at bank£1£1£1£1
Net assets—£1£1£1
Current assets£1£974k£1.5m£1.8m
Debtors£0£974k£1.5m£1.8m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
0%
Now £1
Cash at bank
0%
Now £1
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Miles Better Heat Limitedultimate parent75–100%
  2. Miles Better Heat Bidco Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £350k), from the Companies House accounts bulk data published Dec 2025. 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.