Midland Steel Sections Limited
02838728
Some Concerns
- No accounts filed in last 18 months (-5)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/02/2010
STEEL TRADER
INDIAN · ENGLAND · Age 51
Also on 2 other boards
Persons with Significant Control
Thl (Uk) Holdings Limited
C/O Brisko Metal Resources, Sproughton Road, Ipswich, IP1 5AN
Reg: 04871307 · England And Wales · Ltd Company
Notified 23/07/2017
Former PSCs
Iasis Limited
Ceased 23/07/2017
Charges3 outstanding
HSBC BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
BARCLAYS BANK PLC
MIDSTEEL GROUP LIMITED
ROY ERIC BOULTER, M DAVID BOOLER BEING THE TRUSTEE OF THE PENSION FUND OF THE MIDSTEELSELF-ADM
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1164+ SIC 74990 peers68
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2020
Net Worth
£8k
Balance sheet strength
Cash
£27
Cash in the bank
Net Current Assets
£651k
Working capital
Current Assets
£3.1M
Current Liabilities
£2.4M
Fixed Assets
£327k
Debtors
£2.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 1.27 | +£0 |
| 2019 | 1.20 | -£1.3M |
| 2018 | 1.30 | — |
Derived from filed accounts. Not audited figures.