Midland Building Products Limited
02565308
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/02/2021
GROUP SALES DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 1 other board
director · Since 03/04/2023
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 4 other boards
director · Since 12/06/2023
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 19 other boards
director · Since 12/06/2023
COMMERCIAL MANAGER
BRITISH · ENGLAND · Age 38
Also on 19 other boards
Persons with Significant Control
Mr Jason William Vann
British · England · Age 55
Unit 10, Brickhouse Lane West Bromwich, B70 0DH
Notified 02/05/2023
Mr Thomas Patrick Mcguire
British · England · Age 29
Unit 10, Brickhouse Lane West Bromwich, B70 0DH
Notified 02/05/2023
Former PSCs
Mr Martyn Thomas Finney
Ceased 01/04/2023
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
ALEX. LAWRIE RECEIVABLES FINANCING LIMITED
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 192+ SIC 16230 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£22.0M
Annual revenue
Net Worth
£6.2M
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
£2.7M
Working capital
Current Assets
£10.2M
Current Liabilities
£7.5M
Fixed Assets
£4.0M
Debtors
£6.4M
Cost of Sales
£15.2M
Gross Profit
£6.8M
Admin Expenses
£7.0M
Operating Profit
£1.3M
Profit After Tax
£1.5M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.37 | +£0 |
| 2025 | 1.37 | +£1.5M |
| 2024 | 1.18 | +£351k |
| 2023 | 1.14 | +£864k |
| 2022 | 1.10 | +£569k |
| 2021 | 0.99 | +£465k |
| 2020 | 1.26 | — |
Derived from filed accounts. Not audited figures.