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Midtherm Laser Limited

01876393

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

ALBION WORKS, DUDLEY, DY2 0UY
Incorporated 11/01/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Catherine Elizabeth Birt

secretary · Since 22/11/2000

TECHNICAL ASSISTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 7 other boards

Mr Richard Steven Andrews

director · Since 22/11/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 4 other boards

Mrs Catherine Elizabeth Birt

director · Since 22/11/2000

TECHNICAL ASSISTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 7 other boards

Mr Mark William Hannon

director · Since 10/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Richard Steven Andrews

50–75% shares
50–75% votes

British · United Kingdom · Age 54

Unit 1b, Albion Works, Pear Tree Lane, Dudley, DY2 0UY

Notified 06/04/2016

Mrs Catherine Elizabeth Birt

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Midtherm House, Midtherm Business Park, Netherton, Dudley, DY2 8SY

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

DEUTSCHE LEASING (UK) LTD

Created 17/07/2019Registered 17/07/2019
Charge
outstanding

DEUTSCHE LEASING (UK) LTD

Created 16/01/2019Registered 16/01/2019
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 29/03/2012Registered 02/04/2012
charge
outstanding

LLOYDS TSB BANK PLC

Created 04/04/2011Registered 06/04/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 25/03/2011Registered 26/03/2011
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 09/06/2010Registered 12/06/2010

CompanyRankvs 2262+ SIC 25990 peers
62

Financial strength89th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2262Midtherm Laser Limited
68
How is this score calculated?
Financial strength22/25 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.

Liquidity6/20 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

£1.2M

Balance sheet strength

Cash

£264k

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.7M

Fixed Assets

£2.4M

Debtors

£1.3M

45avg. employees

Balance Sheet

Bank loans & overdrafts£111k
Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98+£82k
20230.97+£175k
20210.97+£210k
20200.80-£221k
20190.83+£76k
20180.80—

Derived from filed accounts. Not audited figures.