# Miles Tool & Machinery Centre Limited (01871026)

> Why UK company 01871026 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01871026

- **Status:** In administration
- **Administration began:** 2026-02-23
- **Administrators:** Rachel Hotham, Richard Alan Warwick
- **Administrators' firm:** The Logistics Partnership
- **Formerly:** Miles Hardware (Yeovil) Limited
- **Incorporated:** 1984-12-12
- **Location:** Taunton
- **Industry:** 47520 Retail sale of hardware, paints and glass in specialised stores

## Why it went into administration

- Rising costs / inflation
- Competition / price pressure
- COVID-19
- Property / lease costs
- Pension deficit
- Parent or group failure

## From the administrators' statement

Miles Hardware, as it was known prior to incorporation, was founded in 1970 by Philip and Margaret Miles at 57 Glenthorne Avenue, Yeovil. The business began as a traditional hardware and ironmongery shop, and shortly afterwards their son Michael joined them in the business.

As the business grew, an extension was built at the rear of the shop, and number 55, the neighbouring newsagent, was later purchased to allow further expansion throughout the

During this time the business was awarded Store of the Year in a national competition run by Black & Decker and Hardware & Gardening Review.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01871026/filing-history/MzUxNjY2MzU2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01871026

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.