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SMILES FOR MILES LIMITED Financials

Company number
03915005Copy
Copy
Registered office
7 Memorial Avenue, Withernsea, East Yorkshire HU19 2DN
Incorporated
28/01/2000

Company snapshot

Status
Active
Employees
56 (2025)
Latest financial data
2025
Accounts type
Medium

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£4.53M2025
5.91%vs 2024

2024: £4.27M

Total Assets

£9.24M2025
0.15%vs 2024

2024: £9.22M

Cash in Bank

£1.20M2025
39.02%vs 2024

2024: £866.07K

Total Liabilities

£899.56K2025
-7.31%vs 2024

2024: £970.47K

Employees

562025
0vs 2024

2024: 56

In 2025, SMILES FOR MILES LIMITED reported net assets of £4.53M. The same filing shows total assets of £9.24M, cash in bank of £1.20M and total liabilities of £899.56K. Reported headcount was 56 in 2025. Cash in Bank rose from £866.07K in 2024 to £1.20M in 2025 (39.02%). 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

£4.53M2025
5.91%from £4.27M in 2024

Year-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 SMILES FOR MILES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£5.61M2023£4.53M2025
-19.3%vs 2023

-10.2% a year compound (CAGR)

Cash in Bank

£1.51M2023£1.20M2025
-20.2%vs 2023

-10.7% a year compound (CAGR)

Total Assets

£10.27M2023£9.24M2025
-10.1%vs 2023

-5.2% a year compound (CAGR)

Total Liabilities

£796.81K2023£899.56K2025
+12.9%vs 2023

+6.3% a year compound (CAGR)

Employees

492023562025
+14.3%vs 2023+7

Biggest increase

Employees+14.3%

49 in 2023 to 56 in 2025

Biggest decrease

Cash in Bank-20.2%

£1.51M in 2023 to £1.20M in 2025

SMILES FOR MILES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SMILES FOR MILES 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
49.00%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
9.74%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
133.85%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
13.03%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£78.25K2025
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SMILES FOR MILES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£3.29M4.64M5.61M4.27M4.53M
Total Assets£8.74M9.27M10.27M9.22M9.24M
Cash in Bank£378.66K776.25K1.51M866.07K1.20M
Total Liabilities£1.66M679.85K796.81K970.47K899.56K
Employees5050495656

SMILES FOR MILES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SMILES FOR MILES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

SMILES FOR MILES LIMITED reported net assets of £4.53M for 2025. That compares with £4.27M in 2024, a change of 5.91%.

SMILES FOR MILES LIMITED reported total assets of £9.24M for 2025. That compares with £9.22M in 2024, a change of 0.15%.

SMILES FOR MILES LIMITED reported cash in bank of £1.20M for 2025. That compares with £866.07K in 2024, a change of 39.02%.

SMILES FOR MILES LIMITED reported 56 employees in 2025, compared with 56 in 2024.

Between 2023 and 2025, SMILES FOR MILES LIMITED's net assets fell by 19.3%, cash in bank fell by 20.2%, total assets fell by 10.1% and total liabilities rose by 12.9%. Net assets contracted at 10.2% a year across the two years to 2025, from £5.61M to £4.53M. Reported headcount went from 49 in 2023 to 56 in 2025 (+7).

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.