MG MILES LTD

Company number 12695372 · Active

MG MILES LTD is a private limited company registered in WATFORD, United Kingdom, incorporated on 24 Jun 2020. Its registered activity is taxi operation. Its latest published accounts for the period ending 30 Jun 2026 show equity of £7,886, total assets of £59k. It has filed 6 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Region3.5×WD · 0.41 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Cash ÷ assets0.4×≥ 0.951833 · 0.05 % became insolvent
Filing delay of last accounts (days)0.5×< 76 · 0.05 % became insolvent
Days since last period end0.6×< 246 · 0.06 % 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
12695372 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
24 Jun 2020 (6 years)
Registered address
WD18 0GQ WATFORD
Postcode area
Watford
Activity
49320 Taxi operation
Industry
Land transport
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Jun 202615 Jul 2026– –£7,886£59k £51k£59k0
30 Jun 202515 Sep 2025– –£7,426£8,442 £1,016£5,1720
30 Jun 202415 Jul 2024– –£5,892£11k £5,495£8,0160
30 Jun 202315 Jul 2023– –£3,965£6,195 £2,230£2,6930
30 Jun 202215 Nov 2022– –£1,087£3,299 £314£9510
30 Jun 202115 Oct 2021– –£2– ––1

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

Similar companies in Watford

Questions about MG MILES LTD

What is the company number of MG MILES LTD?

MG MILES LTD is registered under company number 12695372 in the official register of United Kingdom. View it at the official register.

Is MG MILES LTD still active?

Yes. MG MILES LTD is registered as active (status: Active).

Has MG MILES LTD gone bankrupt or into insolvency?

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

How likely is MG MILES LTD to become insolvent?

Our model estimates a 0.00 % probability that MG MILES LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was MG MILES LTD founded?

MG MILES LTD was incorporated on 24 Jun 2020.

Where is MG MILES LTD registered?

MG MILES LTD's registered address is in WD18 0GQ WATFORD (Watford), United Kingdom.

What do the latest accounts of MG MILES LTD show?

The latest published accounts (period ending 30 Jun 2026) show equity of £7,886, total assets of £59k, 0 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.