Midlec Limited
04493366
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Paul Limb
British · England · Age 70
19, Snowberry Avenue, Belper, DE56 1RE
Notified 06/04/2016
CompanyRankvs 24428+ SIC 43210 peers47
Show leaderboard
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.
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
£131
Balance sheet strength
Cash
£604
Cash in the bank
Net Current Assets
-£19k
Working capital
Current Assets
£13k
Current Liabilities
£32k
Fixed Assets
£27k
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.39 |
| 2024 | 0.72 |
| 2023 | 0.87 |
| 2022 | 1.09 |
| 2021 | 1.32 |
Derived from filed accounts. Not audited figures.