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Midland Handling Equipment Limited

01096847

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

MIDLAND HANDLING EQUIPMENT LIMITED STRETTON ROAD, LEICESTER, LE8 9GN
Incorporated 19/02/1973

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 03/01/2026

Due 17/01/2027

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Christopher William Bown

director · Since 10/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Richard Charles Deacon

director · Since 10/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Matthew Stewart Young

director · Since 10/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

R2d2 Conveyors Limited

75–100% shares
75–100% votes
Appoint directors

7, High View Close, Leicester, LE4 9LJ

Reg: 14232454 · Companies House · Private Limited Company

Notified 05/11/2022

Former PSCs

Mrs Lorna Joy Deacon

Ceased 05/11/2022

Mrs Elizabeth Mary Deacon

Ceased 05/11/2022

Mr Michael Glynn Leslie Deacon

Ceased 05/11/2022

Charges1 outstanding

Charge
outstanding

MICHAEL DEACON & LORNA DEACON AND ELIZABETH DEACON

Created 05/11/2022Registered 10/11/2022
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 19/03/2021Registered 23/03/2021Satisfied 16/08/2022

CompanyRankvs 61+ SIC 28220 peers
72

Financial strength80th percentile among SIC peers · 20/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.47× · 20/20
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 strength20/25 pts

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

Employees12/15 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 28/02/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£353k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.8M

Current Liabilities

£724k

Fixed Assets

£29k

Debtors

£1.3M

16avg. employees

Tax at Year End

Corp tax£71k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.47+£3k
20242.44+£9k
20233.05£821k

Derived from filed accounts. Not audited figures.