Midway Access Solutions Ltd
03807023
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/07/2020
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 5 other boards
Persons with Significant Control
Mr Graham Danks
British · England · Age 64
Unit 5, Innovation Way, Tunstall, ST6 4FA
Notified 31/07/2020
Former PSCs
Mr Joseph Lougrhan
Ceased 31/07/2020
Mrs June Loughran
Ceased 31/07/2020
Charges1 outstanding
ULTIMATE FINANCE LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 14919+ SIC 43290 peers41
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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 31/03/2025
Net Worth
-£51k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£86k
Working capital
Current Assets
£319k
Current Liabilities
£405k
Fixed Assets
£151k
Debtors
£301k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | +£41k |
| 2024 | 0.79 | -£85k |
| 2023 | 0.97 | -£70k |
| 2022 | 1.18 | +£4k |
| 2021 | 1.05 | +£8k |
| 2020 | 1.07 | -£86k |
| 2019 | 1.45 | — |
Derived from filed accounts. Not audited figures.