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Midland Systems Limited

04677140

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

8 CHURCH GREEN EAST, REDDITCH, B98 8BP
Incorporated 25/02/2003

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 25/02/2026

Due 11/03/2027

On track

Industry

62020
Information technology consultancy activities
64910
Financial leasing

Officers

Mr Peter Waldron

director · Since 21/05/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Peter Waldron

75–100% shares
75–100% votes

British · United Kingdom · Age 60

21, Fairyfield Avenue, Birmingham, B43 6AG

Notified 06/04/2016

CompanyRankvs 5065+ SIC 62020 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 26.72× · 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 strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 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 31/07/2025

Net Worth

£622k

Balance sheet strength

Cash

£548k

Cash in the bank

Net Current Assets

£601k

Working capital

Current Assets

£625k

Current Liabilities

£23k

Fixed Assets

£25k

Debtors

£75k

1avg. employees

Balance Sheet

Assets less current liabilities£627k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202526.72+£21k
202419.95-£578
202331.28-£16k
202216.86+£108k
20218.45+£131k
20207.22+£41k
20197.58+£97k
201814.70

Derived from filed accounts. Not audited figures.