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Mid Glam Packing Supplies Limited

01677308

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 8 NINE MILE POINT INDUSTRIAL ESTATE, CWMFELINFACH, NEWPORT, NP11 7HZ
Incorporated 11/11/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46180
Agents specialised in the sale of other particular products

Officers

Mr Steven David Williams

director · Since 30/03/1995

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Miss Rhiannon Mair Watkins

director · Since 01/11/2004

COMPANY DIRECTOR

BRITISH · WALES · Age 51

Also on 1 other board

Persons with Significant Control

Mgps Holdings Limited

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

Unit 8, Nine Mile Point Industrial Estate, Cwmfelinfach, Newport, NP11 7HZ

Reg: 10097382 · Companies House · Limited By Shares

Notified 20/06/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 11/08/2008Registered 15/08/2008
charge
satisfied

BARCLAYS BANK PLC

Created 07/08/1989Registered 29/08/1989Satisfied 06/03/2008
charge
satisfied

JOHN WILLIAMS

Created 08/08/1989Registered 22/08/1989Satisfied 06/03/2008
charge
outstanding

BARCLAYS BANK PLC

Created 05/08/1985Registered 12/08/1985

CompanyRankvs 150+ SIC 46180 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.51× · 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 strength23/25 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 31/03/2025

Net Worth

£516k

Balance sheet strength

Cash

£165k

Cash in the bank

Net Current Assets

£469k

Working capital

Current Assets

£780k

Current Liabilities

£311k

Fixed Assets

£79k

Debtors

£493k

10avg. employees

Balance Sheet

Assets less current liabilities£548k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.51-£67k
20242.47+£47k
20232.10+£78k
20221.73+£102k
20211.61+£56k
20201.50

Derived from filed accounts. Not audited figures.