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Company No. 14594707 · Incorporated 16 Jan 2023

Mileage Hiring Services Ltd

Registered name: MILEAGE HIRING SERVICES LTD

Mileage Hiring Services Ltd made £4.2k revenue and £2k profit in the year to 31 Jan 2025.

Mileage Hiring Services Ltd’s revenue was £4.2k in the year to 31 Jan 2025, with £2k profit and 1 employee. The company is classified under “sale of used cars and light motor vehicles” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45112Sale of used cars and light motor vehiclesSIC 45320Retail trade of motor vehicle parts and accessories
Status
Active
Location
London, London
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentSmall teamCapital-lightYoung and profitable
Revenue
£4.2k
Growth —
Profit
£2k
Growth —
Profit margin
48.1%
Gross 48.1%
Employees
1
Change —
Profit / employee
£2k
Revenue/employee £4.2k
Profitable streak
1yr
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202431 Jan 2025
DisclosureNo P&LFull P&L
Profit & loss
Revenue (turnover)—£4.2k
Cost of sales—£2.2k
Gross profit—£2k
Operating profit—£2k
Profit before tax—£2k
Profit after tax—£2k
Profit (best available)—£2k
Employees (average)01
Ratios
Profit margin—48.1%
Gross margin—48.1%
Revenue per employee—£4.2k
Profit per employee—£2k
Balance sheet — indirect signals, not revenue
Cash at bank£5—
Net assets£5£100
Fixed assets£0£0
Current assets£5£100
Deferred income£0£0
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
48.1%
Profit ÷ revenue.
Gross margin
48.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£4.2k
Revenue ÷ average employees.
Profit per employee
£2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
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
▲1900%
Now £100
Cash at bank
—
Now —
Headcount
—
Now 1
Deferred income
—
Now £0
Fixed assets
—
Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £2k), from the Companies House accounts bulk data published Oct 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.