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Midland Tyre Control Limited

04366804

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNITS 11 & 12 ALEXANDER INDUSTRIAL ESTATE, BILSTON, WV14 0RL
Incorporated 05/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials
68209
Other letting and operating of own or leased real estate

Officers

Mr Mark Stephen Hitchcroft

director · Since 05/02/2002

MANAGER

BRITISH · UNITED KINGDOM · Age 61

Lisa Marie Hitchcroft

secretary · Since 01/10/2002

BRITISH · Age 54

Mr Lee John Gutteridge

director · Since 01/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Mr George Hitchcroft

director · Since 01/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mr Mark Stephen Hitchcroft

75–100% votes

British · United Kingdom · Age 61

27, Showell Lane, Wolverhampton, WV4 4TZ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 16/12/2008Registered 17/12/2008Satisfied 31/08/2012

CompanyRankvs 231+ SIC 38320 peers
80

Financial strength81th percentile among SIC peers · 20/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.63× · 16/20
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 28/02/2025

Net Worth

£673k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£174k

Working capital

Current Assets

£449k

Current Liabilities

£275k

Fixed Assets

£834k

Debtors

£367k

30avg. employees+2

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£1.0M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.63-£24k
20241.28+£6k
20231.34+£3k
20221.20+£98k
20211.76

Derived from filed accounts. Not audited figures.