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Zinco (Midlands) Limited

01980848

active
Private Limited Company
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 HOUSE, WALSALL, WS1 1XB
Incorporated 21/01/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mrs Sylvia Elaine Holloway

secretary · Since 04/12/1991

BRITISH · ENGLAND · Age 84

Also on 1 other board

Mr Paul Nicholas Holloway

director · Since 04/12/1991

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Sylvia Elaine Holloway

director · Since 04/12/1991

SECRETARY

BRITISH · ENGLAND · Age 84

Also on 1 other board

Persons with Significant Control

Mrs Sylvia Elaine Holloway

25–50% shares
25–50% votes

British · England · Age 84

Midland House, Walsall, WS1 1XB

Notified 26/11/2016

Mr Paul Nicholas Holloway

Significant control

British · England · Age 56

Midland House, Walsall, WS1 1XB

Notified 26/11/2016

Former PSCs

Mr Frederick Holloway

Ceased 02/01/2020

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 13/03/2025Registered 14/03/2025
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 24/11/2021Registered 24/11/2021Satisfied 14/03/2025
charge
satisfied

VENTURE FINANCE PLC

Created 30/06/2005Registered 12/07/2005Satisfied 26/11/2021
charge
satisfied

MIDLAND BANK PLC

Created 18/07/1986Registered 25/07/1986Satisfied 10/02/2022

CompanyRankvs 253+ SIC 24100 peers
50

Financial strength52th percentile among SIC peers · 13/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.82× · 6/20
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 strength13/25 pts

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

Employees11/15 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 28/02/2025

Net Worth

£11k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£261k

Current Liabilities

£320k

Fixed Assets

£100k

Debtors

£181k

5avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Intangible assets£0
Assets less current liabilities£41k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82+£8k
20240.90+£887
20230.94
20220.93
20210.98-£4k
20200.85-£33k
20190.91

Derived from filed accounts. Not audited figures.