MILES SMITH LIMITED
Get an alert when MILES SMITH LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-06 (in 1mo)
Last made up 2025-05-23
Watchouts
None on the register
Cash
£25M
Latest balance sheet
Net assets
£35M
Equity attributable
Employees
—
Average over period
Profit before tax
£9M
Period ending 2024-12-31
Name history
Renamed 2 times since incorporation
- MILES SMITH LIMITED 2000-06-29 → present
- MILES SMITH REINSURANCE LTD. 1991-06-05 → 2000-06-29
- MILES,SMITH & HOLLAND LIMITED 1969-03-31 → 1991-06-05
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £20,253,000 | £20,819,000 | |
| Operating profit | £7,514,000 | £7,636,000 | |
| Profit before tax | £8,049,000 | £8,558,000 | |
| Net profit | £8,082,000 | £8,613,000 | |
| Cash | £18,055,000 | £25,151,000 | |
| Total assets less current liabilities | £27,320,000 | £35,750,000 | |
| Net assets | £27,062,000 | £35,457,000 | |
| Equity | £27,062,000 | £35,457,000 | |
| Average employees | — | — | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 37.1% | 36.7% | |
| Net margin | 39.9% | 41.4% | |
| Return on capital employed | 27.5% | 21.4% | |
| Current ratio | 1.54x | 1.65x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On 20th May 2024, the Group announced that its previous shareholders, HGGC, had signed a definitive agreement to be sold to Warburg Pincus, the global growth investor, and Temasek, the global investor. Completion of the transaction took place on 25th September 2024. As of the date of completion the Group's parent company has put in place Acquisition and Revolving Credit facilities that will ensure the Group will continue to have the funding required for is organic and acquisition growth strategies. Furthermore, the new investors have confirmed to the regulator (FCA) that the business will continue to operate as is with no material change to the group structure expected. The directors are therefore again, satisfied that these financial statements be prepared on a going concern basis.”
Group structure
- MILES SMITH LIMITED · parent
- Miles Smith Broking Limited 100%
- Miles Smith PPP Limited 100%
- Freeworth Limited 100%
- London Market Broking Limited 100%
Significant events
- “On 20th May 2024, the Group announced that its previous shareholders, HGGC, had signed a definitive agreement to be sold to Warburg Pincus, the global growth investor, and Temasek, the global investor. Completion of the transaction took place on 25th September 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BORKHATARIA, Eleanor Rachel | Secretary | 2022-09-29 | — | — |
| ANDERSON, Lee David | Director | 2022-01-04 | Jan 1972 | British |
| HANLY, Joseph James | Director | 2022-05-10 | Jul 1971 | Irish |
| LEE, Steven John | Director | 2011-02-22 | Apr 1970 | British |
| NIMMO, Neil Keith | Director | 2026-02-18 | Jan 1961 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JELLICOE, Paul Martin | Secretary | 2000-05-31 | 2019-01-09 |
| JELLICOE, Paul Martin | Secretary | 1995-05-18 | 1997-03-21 |
| MADDEN, Michael Anthony | Secretary | 2000-05-23 | 2000-05-31 |
| SADDLER, Robin Bruce | Secretary | 1997-03-23 | 2000-10-03 |
| SADDLER, Robin Bruce | Secretary | — | 1995-05-18 |
| BROOKE SMITH, Simon Brewer Bentham | Director | 2000-05-31 | 2010-12-31 |
| BROWN, Sharon Elizabeth | Director | 2014-05-20 | 2019-01-08 |
| CHAINEY, Paul Bertram | Director | 2000-05-31 | 2020-02-28 |
| DOWNEY, Warren | Director | 2019-09-01 | 2026-02-18 |
| JELLICOE, Paul Martin | Director | 2000-05-31 | 2019-01-09 |
| KIDMAN, Penny Jane | Director | 2012-02-03 | 2018-08-31 |
| LEBECQ, Clare Louise | Director | 2022-07-26 | 2024-09-02 |
| LOVE, Charles | Director | 2018-10-29 | 2022-03-04 |
| MADDEN, Michael Anthony | Director | 2000-05-31 | 2018-02-28 |
| MCCONNELL, Anthony Sudlow | Director | 2002-02-26 | 2007-09-25 |
| MILES, Roy Joseph | Director | — | 2000-05-31 |
| SADDLER, Robin Bruce | Director | — | 2009-12-21 |
| SMITH, Colin Stewart | Director | — | 1997-03-20 |
| STOOKE, Christopher Macdonald | Director | 2010-09-06 | 2018-07-18 |
| TEMPLE, Brian Ronald | Director | — | 1997-07-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miles Smith Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 211 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-21 | CH01 | officers | Change person director company with change date | |
| 2026-02-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-19 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | CH03 | officers | Change person secretary company with change date | |
| 2025-12-29 | AA | accounts | Accounts with accounts type full | |
| 2025-10-29 | CH01 | officers | Change person director company with change date | |
| 2025-08-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-28 | AA | accounts | Accounts with accounts type full | |
| 2024-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-12 | CH03 | officers | Change person secretary company with change date | |
| 2023-09-05 | AA | accounts | Accounts with accounts type full | |
| 2023-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-11-11 | AA | accounts | Accounts with accounts type full | |
| 2022-11-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-10-31 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31