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Midland Tank And Iron Plate Company Limited(The)

00581107

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

222-230 WINDSOR STREET, BIRMINGHAM, B7 4LE
Incorporated 28/03/1957

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/10/2025

Due 10/11/2026

On track

Industry

25290
Manufacture of other tanks, reservoirs and containers of metal
25620
Machining
25990
Manufacture of other fabricated metal products

Officers

David Michael Cox

secretary · Since 20/09/2006

BRITISH · Age 54

Mr David Michael Cox

director · Since 27/04/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Stuart Graham Howells

director · Since 04/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr D G Cox Life Interest Settlement 1999

75–100% shares
75–100% votes

C/O 222 - 230 Windsor Street, Birmingham, B7 4LE

Notified 12/05/2017

Former PSCs

Mr David Geoffrey Cox

Ceased 12/05/2017

Mrs Veronica Anthea Cox

Ceased 06/04/2016

Mr David Michael Cox

Ceased 27/10/2017

Charges3 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 19/04/2024Registered 24/04/2024
Charge
outstanding

HSBC UK BANK PLC

Created 07/01/2021Registered 07/01/2021
Charge
outstanding

HSBC BANK PLC

Created 21/03/2017Registered 21/03/2017
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 20/12/2011Registered 04/01/2012Satisfied 17/06/2015
charge
satisfied

HSBC BANK PLC

Created 11/03/2003Registered 13/03/2003Satisfied 15/10/2011
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 12/05/2000Registered 15/05/2000Satisfied 15/10/2011

CompanyRankvs 39+ SIC 25290 peers
64

Financial strength70th percentile among SIC peers · 18/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

£437k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£83k

Working capital

Current Assets

£1.0M

Current Liabilities

£933k

Fixed Assets

£466k

Debtors

£791k

34avg. employees-1

Tax at Year End(2019)

Corp tax-£17k

Balance Sheet

Assets less current liabilities£549k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09-£253k
20241.49-£87k
20231.90+£15k
20221.80-£69k
20211.93-£674k
20202.01+£167k
20191.45-£168k
20171.94

Derived from filed accounts. Not audited figures.