Miles Engineering Consultants Limited

Miles Engineering Consultants Ltd, based in Poole, UK, is a small, active company founded eight years ago. With a single employee and £232,340 in assets, it’s a solo founder operation led by a director and owner. The company holds a respectable 4.0 Google rating from five reviews and operates from a real address shared by three other businesses. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago in January 2025.

The company’s website, Miles Water Engineering, showcases a specialist in design, construction, and renovation of water-related projects. They offer a comprehensive range of services, from initial site appraisals to full project management, catering to diverse needs like lake and pond construction, erosion control, and bespoke fabrication. The website highlights over a century of experience and a portfolio of prestigious projects, including award-winning parkland landscaping and large-scale agricultural reservoirs. They even offer pumping systems and specialist design services.

Financially, Miles Engineering Consultants Ltd presents a mixed picture. Cash reserves have surged a remarkable 400% to £84,000, a positive sign of improved liquidity. However, net assets have also jumped 170% to £180,000, potentially due to retained earnings. Bank borrowings have decreased by 27% to £14,000, suggesting better debt management. Trade debtors have decreased by 10% to £130,000. Creditors have also decreased by 4.4% to £340,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant increase in equity warrants further investigation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Miles Engineering Consultants Ltd seems to be navigating a period of growth, but the financial data suggests a need for careful monitoring. Their expertise in water engineering, combined with a strong reputation, positions them well for continued success, but the company should keep a close eye on its financial health.

Registered in England/Wales under the registration number 10719964, with a registered address at BH13 7PB, England, Poole, Dorset, 41 Chaddesley Glen.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.