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Elderfield (Midlands) Limited

01236220

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

43 BIRMINGHAM RD, WORCESTERSHIRE, DY10 2DA
Incorporated 04/12/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47510
Retail sale of textiles in specialised stores
47599
Retail sale of furniture, lighting equipment and other household articles

Officers

Mr David William Needham

director · Since 18/07/2013

CARPET RETAILER

BRITISH · UNITED KINGDOM · Age 65

Mrs Julie Roberts

secretary · Since 11/03/2016

Mrs Louise Needham

director · Since 01/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr David William Needham

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 65

The Carpet Factory, 43 Birmingham Road, Kidderminster, DY10 2DA

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 07/08/1986Registered 13/08/1986Satisfied 31/05/2001
charge
satisfied

LLOYDS BANK PLC

Created 24/08/1984Registered 31/08/1984Satisfied 07/10/2014
charge
satisfied

LLOYDS BANK LTD

Created 24/10/1977Registered 31/10/1977Satisfied 31/05/2001

CompanyRankvs 1245+ SIC 47510 peers
53

Financial strength47th percentile among SIC peers · 12/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1245Elderfield (Midlands) Limited
53
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.

Employees9/15 pts

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

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£290

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£342k

Working capital

Current Assets

£51k

Current Liabilities

£393k

Fixed Assets

£678k

Debtors

£31k

2avg. employees

Balance Sheet

Assets less current liabilities£337k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13—
20230.66—
20220.62-£57k
20210.69+£19k
20200.69—
20196.15—
20183.19—

Derived from filed accounts. Not audited figures.