Midland Tool And Design Limited
00962501
Healthy
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2006
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 1 other board
secretary · Since 24/05/2007
ADMINISTRATION MANAGER
BRITISH · ENGLAND · Age 55
Also on 3 other boards
director · Since 01/11/2016
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 3 other boards
Persons with Significant Control
Mr Darren John Booton
British · England · Age 60
Unit 20 Barnfield Road, Tipton, Dudley, DY4 9DF
Notified 06/04/2016
Dalion Engineering Limited
Unit 20 Barnfield Road, Tipton, Dudley, DY4 9DF
Reg: 06228103 · England & Wales · Limited Company
Notified 01/10/2023
Charges4 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
LINTON AND HURST GROUP LIMITED
BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK LTD
CompanyRankvs 17+ SIC 23440 peers63
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 31/12/2024
Turnover
£6.6M
Annual revenue
Net Worth
£2.3M
Balance sheet strength
Cash
£99k
Cash in the bank
Profit Before Tax
£347k
Bottom line earnings
Net Current Assets
£2.2M
Working capital
Current Assets
£4.7M
Current Liabilities
£2.5M
Fixed Assets
£437k
Debtors
£3.3M
Cost of Sales
£5.1M
Gross Profit
£1.5M
Admin Expenses
£961k
Operating Profit
£475k
Profit After Tax
£263k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.88 | +£78k |
| 2023 | 1.64 | +£172k |
| 2022 | 1.26 | +£76k |
| 2021 | 1.43 | +£50k |
| 2020 | 1.51 | -£145k |
| 2019 | 1.45 | +£182k |
| 2018 | 1.47 | +£280k |
| 2017 | 1.67 | — |
Derived from filed accounts. Not audited figures.