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Midway Boats Limited

03482814

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

TEDDESLEY BOAT CO TEDDESLEY ROAD, STAFFORD, ST19 5RH
Incorporated 18/12/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30120
Building of pleasure and sporting boats
47990
Other retail sale not in stores, stalls or markets
68209
Other letting and operating of own or leased real estate

Officers

Mr Daniel Payton

director · Since 01/12/2025

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Mr Daniel Payton

Significant control

British · England · Age 35

Teddesley Boat Co, Teddesley Road, Stafford, ST19 5RH

Notified 01/12/2025

Former PSCs

Mr Steven Walter Batty

Ceased 22/08/2019

Daniel Payton

Ceased 01/01/2024

Mr Wayne Ansell Payton

Ceased 01/12/2025

Paula Payton

Ceased 01/12/2025

Charges0 outstanding

charge
satisfied

CAPITAL BANK PLC

Created 07/11/2003Registered 11/11/2003Satisfied 12/07/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/01/2000Registered 20/01/2000Satisfied 21/08/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/10/1999Registered 02/11/1999Satisfied 21/08/2019

CompanyRankvs 78+ SIC 30120 peers
74

Financial strength79th percentile among SIC peers · 20/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.16× · 12/20
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 strength20/25 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.

Liquidity12/20 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 31/03/2024

Net Worth

£60k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£492k

Current Liabilities

£423k

Fixed Assets

£12k

Debtors

£488k

3avg. employees+1

Balance Sheet

Assets less current liabilities£81k
Signed by Mr Wayne Payton 31/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16-£103k
20231.58+£99k
20221.52+£561
20211.63

Derived from filed accounts. Not audited figures.