4986 MILES LTD
🌿Early-stageactive
15199220 · ltd · incorporated 2023-10-09
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£-171.2k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -56% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £171,166
Cash draining
Cash down 56% YoY
Cash YoY
-56%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 56% YoY
Net Worth
-£171k
~ YoY
Current Assets
£1k
↓ 56% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | £-171.2k | £-170.5k |
| Current assets | £1.2k | £2.8k |
| Cash | £1.2k | £2.8k |
| Net assets | £-171.2k | £-170.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
Last 30 days
0
filings
Last 90 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-04-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-27➖ARIF, Wahid Kamel resigneddirector
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-12➕ARIF, Wahid Kamel appointeddirector
- 2024-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-19📄capital-allotment-sharescapital · SH01
- 2024-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-17📄capital-allotment-sharescapital · SH01
- 2024-05-19➕HUSSAIN, Gulam Iftakar appointeddirector
- 2024-05-19➖AHMED, Russel resigneddirector
- 2024-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-05-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-09🏢Company incorporatedAs 4986 MILES LTD
- 2023-10-09➕AHMED, Russel appointeddirector
- 2023-10-09📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Young company: Only 2.6 years old — management layer unlikely to be developed.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gulam Iftakar Hussain Individual · British · DOB 05/1982 · age 44 | 25–50% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/05/2024 |
1 historic (ceased) PSC
- Mr Russel Ahmedceased 09/10/2023· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| AAVY HOSPITALITY LTD→ 13981728 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AAZA SHORT TERM ACCOMMODATION LTD→ 13989747 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABBH LIMITED→ 16312758 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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 →🔒Advanced scoring suite
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
Statusactive
Typeltd
Incorporated2023-10-09
Jurisdictionengland-wales
Primary SIC56101 — Licenced restaurants
Registered office
8 Station Road
Upminster
RM14 2UB
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15
Officers (1 active · 2 resigned)
HUSSAIN, Gulam Iftakar→
Activedirector · ~44y · appointed 2024-05-19
View their other companies + combined net worth →
AHMED, Russel→
Resigneddirector · ~49y · appointed 2023-10-09 · resigned 2024-05-19
ARIF, Wahid Kamel→
Resigneddirector · ~38y · appointed 2025-01-12 · resigned 2026-03-27
Click a director name to see their full track record across all companies.
Recent filings (19 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-16
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-07
appoint-person-director-company-with-name-date
officers · AP01
2025-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-21
capital-allotment-shares
capital · SH01
2024-11-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-17
capital-allotment-shares
capital · SH01
2024-10-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-19