MILES HIRE LIMITED Financials
- Company number
- 04655344CopyCopy
- Industry
- Renting and leasing of construction and civil engineering machinery and equipment (77.32 - SIC 2007)
- Registered office
- Miles Hire Limited Upper Strand, Hafod Street, Swansea SA1 2AN
- Incorporated
- 03/02/2003
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-2.83%vs 20242024: £391.98K
Total Assets
-8.38%vs 20242024: £2.24M
Cash in Bank
14.66%vs 20242024: £98.42K
Total Liabilities
-15.54%vs 20242024: £971.48K
Employees
-1vs 20242024: 19
In 2025, MILES HIRE LIMITED reported net assets of £380.89K. The same filing shows total assets of £2.05M, cash in bank of £112.85K and total liabilities of £820.56K. Reported headcount was 18 in 2025. Total Assets fell from £2.24M in 2024 to £2.05M in 2025 (-8.38%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-2.83%from £391.98K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MILES HIRE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-23.1%vs 2023-12.3% a year compound (CAGR)
Cash in Bank
-31.3%vs 2023-17.1% a year compound (CAGR)
Total Assets
-18.3%vs 2023-9.6% a year compound (CAGR)
Total Liabilities
-18.7%vs 2023-9.8% a year compound (CAGR)
Employees
-5.3%vs 2023-1Biggest decrease
Cash in Bank-31.3%
£164.22K in 2023 to £112.85K in 2025
Every indicator Okredo holds for MILES HIRE LIMITED fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MILES HIRE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 18.59%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 40.05%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 13.75%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 5.51%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MILES HIRE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 284.11K | 364.89K | 495.60K | 391.98K | 380.89K |
| Total Assets£ | 1.74M | 2.08M | 2.51M | 2.24M | 2.05M |
| Cash in Bank£ | 206.78K | 187.28K | 164.22K | 98.42K | 112.85K |
| Total Liabilities£ | 793.76K | 903.94K | 1.01M | 971.48K | 820.56K |
| Employees | 16 | 18 | 19 | 19 | 18 |
MILES HIRE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MILES HIRE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MILES HIRE LIMITED reported net assets of £380.89K for 2025. That compares with £391.98K in 2024, a change of -2.83%.
MILES HIRE LIMITED reported total assets of £2.05M for 2025. That compares with £2.24M in 2024, a change of -8.38%.
MILES HIRE LIMITED reported cash in bank of £112.85K for 2025. That compares with £98.42K in 2024, a change of 14.66%.
MILES HIRE LIMITED reported 18 employees in 2025, compared with 19 in 2024.
Between 2023 and 2025, MILES HIRE LIMITED's net assets fell by 23.1%, cash in bank fell by 31.3%, total assets fell by 18.3% and total liabilities fell by 18.7%. Net assets contracted at 12.3% a year across the two years to 2025, from £495.60K to £380.89K. Reported headcount went from 19 in 2023 to 18 in 2025 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.