Midtherm Flue Systems Ltd
00936960
Some Concerns
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/10/1991
ENGINEER
BRITISH · UNITED KINGDOM · Age 82
Also on 14 other boards
Persons with Significant Control
Mr Mauro Travini
Italian · Italy · Age 62
Midtherm House, Midtherm Business Park, Netherton, Dudley, DY2 8SY
Notified 18/07/2025
Mr Raymond William John Andrews
British · United Kingdom · Age 82
Midtherm House, Midtherm Business Park, Netherton, Dudley, DY2 8SY
Notified 18/07/2025
Former PSCs
Mr Ray William John Andrews
Ceased 18/07/2025
Mrs Mary Josephine Andrews
Ceased 18/07/2025
Charges4 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 733+ SIC 25990 peers61
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/06/2025
Net Worth
£3.7M
Balance sheet strength
Cash
£92k
Cash in the bank
Net Current Assets
£326k
Working capital
Current Assets
£2.6M
Current Liabilities
£2.3M
Fixed Assets
£3.7M
Debtors
£963k
Profit After Tax
-£1.2M
Tax at Year End(2022)
People Costs(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.14 | +£0 |
| 2025 | 1.14 | -£1.2M |
| 2024 | 1.61 | -£604k |
| 2023 | 1.98 | +£842 |
| 2022 | 2.30 | +£546k |
| 2021 | 1.77 | +£301k |
| 2020 | 1.61 | -£534k |
| 2019 | 1.83 | — |
Derived from filed accounts. Not audited figures.