BY MILES LTD

• ⚠

  Material uncertainty over going concern

  Directors confirm the Company can continue as a going concern, despite material uncertainty due to the potential Aviva acquisition of Direct Line Group. The Directors are satisfied that the going concern basis remains appropriate, even with the uncertainty and potential restructuring of legal entities within Direct Line Group.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

• Turnover

  +7.4%

  £4,674,320 → £5,020,823

• Cash

  -1.8%

  £6,580,665 → £6,464,080

• Net assets

  -29.4%

  -£17,381,726 → -£22,491,679

• Employees

  +5.2%

  77 → 81

  highest in 4 filed years

• Operating profit

  +16.1%

  -£6,554,449 → -£5,497,238

• Profit before tax

  +6.3%

  -£7,314,316 → -£6,853,698

• Wages

  +2.9%

  £4,623,572 → £4,758,283

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. BY MILES LTD 2017-06-05 → present
2. IMSURE GROUP LIMITED 2016-11-03 → 2017-06-05
3. MULTAS MENTAS LIMITED 2015-03-19 → 2016-11-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Directors confirm the Company can continue as a going concern, despite material uncertainty due to the potential Aviva acquisition of Direct Line Group. The Directors are satisfied that the going concern basis remains appropriate, even with the uncertainty and potential restructuring of legal entities within Direct Line Group.”

Significant events

• “By Miles Group and its subsidiaries, including By Miles Ltd, were fully acquired on 21 April 2023 by DL Insurance Services Limited.”
• “On 23 December 2024, Aviva agreed to acquire the entire share capital of Direct Line Group PLC; the acquisition is expected to be completed in mid-2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.