ACCOUNTING BY MILES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Corporate timeline (18 events)Click to expand
- 2025-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-01-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-08📄capital-allotment-sharescapital · SH01
- 2017-09-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-02📄resolutionresolution · RESOLUTIONS
- 2016-10-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-12-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-08-11🏢Company incorporatedAs ACCOUNTING BY MILES LIMITED
- 2014-08-11➕MILES, Collin appointeddirector
- 2014-08-11➕MILES, Kate appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "MILES" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Collin Miles Individual · British · DOB 08/1967 · age 59 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mrs Kate Miles Individual · British · DOB 05/1967 · age 59 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 0 resigned)
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