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Midland Karting Limited

04156894

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

6 LICHFIELD STREET, STAFFORDSHIRE, DE14 3RD
Incorporated 08/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Howard Mitchell

secretary · Since 08/02/2001

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 1 other board

Howard Mitchell

director · Since 08/02/2001

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 1 other board

Mr Garry John Mitchell

director · Since 01/02/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Garry John Mitchell

25–50% shares

British · England · Age 48

6 Lichfield Street, Staffordshire, DE14 3RD

Notified 06/04/2016

Mr Howard Mitchell

25–50% shares

British · England · Age 77

6 Lichfield Street, Staffordshire, DE14 3RD

Notified 06/04/2016

Mr Sean Chilton

25–50% shares
25–50% votes

British · England · Age 52

75, Uttoxeter Road, Rugeley, WS15 3QT

Notified 17/01/2023

Former PSCs

Mr David Horrobin

Ceased 17/01/2023

Charges2 outstanding

charge
outstanding

FRADLEY PROPERTIES LIMITED

Created 04/11/2008Registered 08/11/2008
charge
outstanding

HSBC BANK PLC

Created 27/09/2001Registered 05/10/2001

CompanyRankvs 9507+ SIC 93199 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9507Midland Karting Limited
48
How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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 31/03/2025

Net Worth

-£358k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£272k

Working capital

Current Assets

£28k

Current Liabilities

£300k

Fixed Assets

£33k

31avg. employees

Balance Sheet

Assets less current liabilities-£240k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£0
20250.09+£13k
20240.11-£114k
20230.10+£5k
20220.11+£55k
20210.07-£39k
20200.11-£30k
20190.08—

Derived from filed accounts. Not audited figures.