−£99k
vs Dec 2023ActiveSC649940Private limited companyGlasgow
MILES 2020 LTD
Significant control: Peng Fei Sun (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Miles 2020 Ltd sell?
Registered activity: Licenced restaurants (SIC 56101). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MILES 2020 LTD is an active private limited company (company number SC649940) incorporated on 18 December 2019, registered in Glasgow. Its registered activity is licenced restaurants (SIC 56101). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£99k and cash of £9,329, with 3 employees on average. Net assets fell 39% on the prior period (−£71k).
Peer position · net assets
By net assets it sits in the bottom quarter of 782 comparable companies in Glasgow (median £10, upper quartile £24k).
02
Ownership and control
- Mr Peng Fei Sun
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 18 December 20196 yrs ago
- Next accounts due
- 30 September 202623 days overdue
- Confirmation statement due
- 1 January 2027in 70 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 56101
- Licenced restaurants
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£9,329
+26%vs Dec 2023Not reported
3
No changevs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | −£99k | £9,329 | £25 | £40k | — | — | 3 |
| 31 December 2023 | −£71k | £7,430 | £25 | £40k | — | — | 3 |
Current ratio0.26Current assets ÷ creditors within one year
Cash per employee£3,110Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-99,093 at 31 December 2024
- Net assets down 25% or more on the prior period-38.6% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.26
- Incorporated five or more years agoIncorporated 18 December 2019
- Accounts past their due dateDue 30 September 2026
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 70 days
- Next accounts due23 days overdue
- Accounts period endNet liabilities £99k · small accounts
- Accounts period endNet liabilities £71k · small accounts
- Incorporated
08
Similar companies in Glasgow
09
Reminders for MILES 2020 LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.