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Midchem Limited

02581304

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

81 MUSGRAVE ROAD, BIRMINGHAM, B18 5HH
Incorporated 11/02/1991

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

31010
Manufacture of office and shop furniture

Officers

Mr Harjit Singh Neer

director · Since 11/02/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Mrs Jaspal Kaur Neer

director · Since 11/02/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Persons with Significant Control

Mr Harjit Neer

25–50% shares

British · United Kingdom · Age 73

81, Musgrave Road, Birmingham, B18 5HH

Notified 06/04/2016

Mrs Jaspal Kaur Neer

25–50% shares

British · United Kingdom · Age 72

81, Musgrave Road, Birmingham, B18 5HH

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 16/04/1991Registered 29/04/1991Satisfied 23/11/2021

CompanyRankvs 53+ SIC 31010 peers
83

Financial strength88th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 28.62× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£606k

Balance sheet strength

Cash

£561k

Cash in the bank

Net Current Assets

£570k

Working capital

Current Assets

£591k

Current Liabilities

£21k

Fixed Assets

£88k

Debtors

£24k

4avg. employees

Balance Sheet

Assets less current liabilities£658k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202528.62-£27k
202415.60+£38k
202325.49+£38k
202213.10+£127k
20215.53+£64k
202017.64-£9k
20198.89

Derived from filed accounts. Not audited figures.