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Midbass Distribution Limited

04043912

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

TECH HOUSE, SUTTON COLDFIELD, B75 7BU
Incorporated 31/07/2000

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

46431
46431

Officers

Christopher James Etheridge

secretary · Since 31/07/2000

British

Christopher James Etheridge

director · Since 31/07/2000

British

Carl Richard Venables

director · Since 12/05/2006

English

David Witt

director · Since 01/03/2016

British

Former

Stephen John Scott

nominee secretary · Resigned 31/07/2000

Jacqueline Scott

nominee director · Resigned 31/07/2000

Thomas Venables

director · Resigned 10/03/2016

Emma Jane Ward

director · Resigned 01/11/2013

CompanyRankvs 105+ SIC 46431 peers
89

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.13× · 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 strength24/25 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£488k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£3.2M

Current Liabilities

£1.0M

Fixed Assets

£2.9M

Debtors

£1.4M

24avg. employees+1

Balance Sheet

Intangible assets£49k
Bank loans & overdrafts£1.5M
Assets less current liabilities£5.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.13+£403k
20232.73+£499k
20213.36

Derived from filed accounts. Not audited figures.