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Midland Wiper Manufacturing Company Limited

00138962

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MANOR HOUSE ROAD, LONG EATON, NG10 1LR
Incorporated 09/01/1915

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/05/2025

Due 06/06/2026

Overdue

Industry

32990
Other manufacturing

Officers

Mr Max Edward Smith

director · Since 23/02/1992

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Robert Simon Smith

director · Since 01/12/1999

INDUSTRIAL WIPER MANUFACTURER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Robert Simon Smith

secretary · Since 01/06/2000

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Robert Simon Smith

25–50% shares

British · England · Age 51

Manor House Road, Long Eaton, NG10 1LR

Notified 01/07/2016

Mr Max Edward Smith

25–50% shares

British · England · Age 61

Manor House Road, Long Eaton, NG10 1LR

Notified 01/07/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 14/02/2005Registered 17/02/2005
charge
outstanding

HSBC BANK PLC

Created 15/12/2004Registered 16/12/2004
charge
satisfied

BARCLAYS BANK PLC

Created 27/02/1976Registered 09/03/1976Satisfied 21/06/2008
charge
satisfied

BARCLAYS BANK PLC

Created 23/01/1974Registered 30/01/1974Satisfied 05/08/2011
charge
satisfied

THE PARCELS & GENERAL ASSURANCE ASSOCIATION LTD.

Created 11/05/1973Registered 21/05/1973Satisfied 08/03/2012

CompanyRankvs 2197+ SIC 32990 peers
71

Financial strength89th percentile among SIC peers · 22/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2197Midland Wiper Manufacturing Company Limited
77
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£914k

Balance sheet strength

Cash

£196k

Cash in the bank

Net Current Assets

£420k

Working capital

Current Assets

£1.1M

Current Liabilities

£698k

Fixed Assets

£560k

Debtors

£631k

15avg. employees-1

Balance Sheet

Assets less current liabilities£980k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.60-£37k
20241.83+£71k
20231.85+£41k
20222.06-£29k
20212.09+£8k
20202.05-£11k
20192.14+£356k
20171.87—

Derived from filed accounts. Not audited figures.