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Midland Foods Limited

02958742

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

4 & 6 HARRIS BUSINESS PARK HANBURY ROAD, BROMSGROVE, B60 4FG
Incorporated 15/08/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46320
Wholesale of meat and meat products

Officers

Mr Russell Heptinstall

director · Since 15/08/1994

BUTCHER CATERING

BRITISH · UNITED KINGDOM · Age 66

Also on 10 other boards

Mr Owen Heptinstall

director · Since 01/11/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Russell Heptinstall

Appoint directors

British · United Kingdom · Age 66

Unit 4 & 6, Harris Business Park, Bromsgrove, B60 4FG

Notified 06/04/2016

Ol Holdings Limited

25–50% shares
25–50% votes

Unit 4 & 6 Harris Business Park, Hanbury Road, Bromsgrove, B60 4FG

Reg: 11552063 · Companies House · Limited

Notified 30/06/2019

R And B Investments Limited

25–50% shares
25–50% votes

Unit 4 & 6 Harris Bus Park, Hanbury Road, Bromsgrove, B60 4FG

Reg: 11555334 · Uk Register Of Companies · Limited Company

Notified 19/12/2024

Former PSCs

Heptinstall Holdings Limited

Ceased 08/08/2018

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 04/08/2011Registered 09/08/2011
charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 01/03/2005Registered 03/03/2005Satisfied 09/07/2011
charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 01/03/2005Registered 03/03/2005Satisfied 09/07/2011
charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 01/03/2005Registered 03/03/2005Satisfied 09/07/2011
charge
satisfied

BARCLAYS BANK PLC

Created 26/03/1997Registered 04/04/1997Satisfied 09/07/2011

CompanyRankvs 34+ SIC 46320 peers
78

Financial strength90th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1V.A. Whitley & Co. Limited
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90
3Cherryfield (Croydon) Limited
90
4Cumberland Meat Packers Limited
90
5Frank King (Wigan) Limited
90
6J.A. Jewitt (Meat) Limited
90
7D H Foods Limited
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8Clarke Meats Limited
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9Interlink Direct Limited
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10Concept Q Ltd
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34Midland Foods Limited
88
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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.

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 31/08/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£367k

Cash in the bank

Net Current Assets

£929k

Working capital

Current Assets

£1.5M

Current Liabilities

£547k

Fixed Assets

£331k

Debtors

£1.0M

49avg. employees-2

Tax at Year End(2019)

Corp tax£87k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.70+£42k
20232.60+£8k
20221.94+£64k
20212.58+£14k
20202.79+£6k
20192.07+£14k
20182.34—

Derived from filed accounts. Not audited figures.