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Midland Paint And Powder Coaters Limited

02473357

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

399 GARRETTS GREEN LANE, BIRMINGHAM, B33 0UE
Incorporated 22/02/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Michael Staran Carless

director · Since 22/02/1991

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Kevin Joseph Mcconnell

director · Since 29/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Midland Paint & Powder Coaters (Holdings) Limited

ownership-of-shares-75-to-100-percent-as-firm

399 Garretts Green Lane, Birmingham, B33 0UH

Reg: 06438664 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/01/2013Registered 31/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 30/06/2004Registered 02/07/2004Satisfied 20/11/2008
charge
satisfied

BARCLAYS BANK PLC

Created 31/01/2003Registered 04/02/2003Satisfied 20/11/2008
charge
satisfied

BARCLAYS BANK PLC

Created 04/05/1990Registered 11/05/1990Satisfied 13/06/2013

CompanyRankvs 241+ SIC 25610 peers
66

Financial strength71th percentile among SIC peers · 18/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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241Midland Paint And Powder Coaters Limited
72
How is this score calculated?
Financial strength18/25 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.

Liquidity16/20 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

£216k

Balance sheet strength

Cash

£75k

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£230k

Current Liabilities

£150k

Fixed Assets

£182k

Debtors

£152k

14avg. employees

Tax at Year End

Corp tax£43k

Balance Sheet

Assets less current liabilities£262k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.53-£230k
20232.77+£92k
20222.15+£79k
20212.70+£23k
20202.25+£2k
20192.26+£28k
20182.04—

Derived from filed accounts. Not audited figures.