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Midway Modernisations Limited

01051953

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

61 LEE HIGH ROAD, LONDON, SE13 5NS
Incorporated 27/04/1972

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

41100
Development of building projects

Officers

Mrs Mary Anne Corcoran

director · Since 16/11/1991

SECRETARY

IRISH · ENGLAND · Age 82

Also on 4 other boards

Mr Oliver Patrick Corcoran

director · Since 16/11/1991

BUILDER

IRISH · ENGLAND · Age 80

Also on 3 other boards

David John Corcoran

director · Since 05/06/2002

ACCOUNTS MANAGER

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mrs Mary Anne Corcoran

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Irish · England · Age 82

61, Lee High Road, London, SE13 5NS

Notified 12/12/2023

Mr David John Corcoran

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Irish · England · Age 52

61, Lee High Road, London, SE13 5NS

Notified 12/12/2023

Mr Paul Britt

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · England · Age 64

61, Lee High Road, London, SE13 5NS

Notified 12/12/2023

Ms Fiona Agnes Corcoran

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Irish · England · Age 48

61, Lee High Road, London, SE13 5NS

Notified 12/12/2023

Ms Kalpa Prajapati

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · England · Age 42

61, Lee High Road, London, SE13 5NS

Notified 12/12/2023

Mr Oliver Patrick Corcoran

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Irish · England · Age 80

61, Lee High Road, London, SE13 5NS

Notified 12/12/2023

Former PSCs

Mr Oliver Patrick Corcoran

Ceased 12/12/2023

Charges11 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/07/2023Registered 14/07/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/07/2023Registered 13/07/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/07/2023Registered 12/07/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/02/2016Registered 12/03/2016
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/02/2016Registered 12/03/2016
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/02/2016Registered 12/03/2016
charge
satisfied

COMMERCIAL ACCEPTANCES LIMITED

Created 26/03/2013Registered 04/04/2013Satisfied 16/02/2016
charge
satisfied

COMMERCIAL ACCEPTANCES LIMITED

Created 26/03/2013Registered 04/04/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/12/2008Registered 09/01/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/12/2008Registered 09/01/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/12/2008Registered 09/01/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/12/2008Registered 09/01/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/12/2008Registered 16/12/2008
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 03/04/1997Registered 10/04/1997Satisfied 23/05/2009
charge
satisfied

ALLIED IRISH BANKS PLC

Created 10/09/1991Registered 17/09/1991
charge
satisfied

ALLIED IRISH BANKS P.L.C.

Created 27/11/1990Registered 07/12/1990
charge
satisfied

ALLIED IRISH BANKS PLC

Created 13/05/1988Registered 17/05/1988
charge
satisfied

ALLIED IRISH BANKS PLC

Created 13/05/1988Registered 17/05/1988
charge
satisfied

ALLIED IRISH BANKS PLC

Created 13/05/1988Registered 17/05/1988
charge
satisfied

ALLIED IRISH BANKS PLC

Created 13/05/1988Registered 17/05/1988
charge
satisfied

ALLIED IRISH BANKS LIMITED

Created 26/11/1984Registered 11/12/1984

CompanyRankvs 5879+ SIC 41100 peers
66

Financial strength48th percentile among SIC peers · 12/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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5879Midway Modernisations Limited
76
How is this score calculated?
Financial strength12/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£102

Balance sheet strength

Cash

£2.7M

Cash in the bank

Net Current Assets

£16.2M

Working capital

Current Assets

£21.2M

Current Liabilities

£4.9M

Fixed Assets

£4k

Debtors

£131k

4avg. employees-1

Balance Sheet

Assets less current liabilities£16.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20244.30
202336.50
202110.06
20208.66
20198.42
20187.86
20177.07

Derived from filed accounts. Not audited figures.