WE DO THE MILES LTD

Company number 10542534 · Active (Active - Proposal to Strike off)

WE DO THE MILES LTD is a private limited company registered in PORT TALBOT, United Kingdom, incorporated on 29 Dec 2016. Its registered activity is unlicensed carrier. Its latest published accounts for the period ending 28 Dec 2022 show equity of £298, total assets of £6,151, turnover of £1,906, a result of −£270. It has filed 4 sets of accounts. Our model estimates a 0.14 % probability that it becomes insolvent within 12 months, 1.2 times the average for active companies (medium risk).

Insolvency risk, next 12 months

0.14 %
Medium risk
Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 1.2× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Loss2.7×1 · 0.31 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Loss two years running2.4×1 · 0.28 % became insolvent
Return on assets2.3×-0.0567532–0.0288065 · 0.27 % became insolvent

Lowers the risk

Turnover (log)0.2×0–3.94176 · 0.02 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
10542534 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
29 Dec 2016 (10 years)
Registered address
SA12 7HL PORT TALBOT
Postcode area
Swansea
Activity
53202 Unlicensed carrier
Industry
Postal and courier activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
28 Dec 202215 Sep 2023£1,906 −£270£298£6,151 £0–1
28 Dec 202115 Sep 2022£18k −£6,670£568£11k £2,273–2
28 Dec 202015 Aug 2021£33k £6,940£7,239£22k £6,798–2
28 Dec 201915 Sep 2020£33k £63£297£1,032 £735–2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about WE DO THE MILES LTD

What is the company number of WE DO THE MILES LTD?

WE DO THE MILES LTD is registered under company number 10542534 in the official register of United Kingdom. View it at the official register.

Is WE DO THE MILES LTD still active?

Yes. WE DO THE MILES LTD is registered as active (status: Active - Proposal to Strike off).

Has WE DO THE MILES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WE DO THE MILES LTD in the official data.

How likely is WE DO THE MILES LTD to become insolvent?

Our model estimates a 0.14 % probability that WE DO THE MILES LTD becomes insolvent within the next 12 months (medium risk). That is higher than 93 % of active companies in the United Kingdom.

When was WE DO THE MILES LTD founded?

WE DO THE MILES LTD was incorporated on 29 Dec 2016.

Where is WE DO THE MILES LTD registered?

WE DO THE MILES LTD's registered address is in SA12 7HL PORT TALBOT (Swansea), United Kingdom.

What do the latest accounts of WE DO THE MILES LTD show?

The latest published accounts (period ending 28 Dec 2022) show equity of £298, total assets of £6,151, turnover of £1,906, a result of −£270, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.