Midland Textiles Limited
04699997
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 12/04/2025
Due 26/04/2026
Industry
Officers
Persons with Significant Control
Waheed Rehman Malik
British · England · Age 56
517-519 Stratford Road, Birmingham, B11 4LP
Notified 06/04/2016
Former PSCs
Zubaida Begum
Ceased 01/04/2024
CompanyRankvs 719+ SIC 47510 peers68
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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
£14k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£122k
Working capital
Current Assets
£146k
Current Liabilities
£269k
Fixed Assets
£154k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.54 | -£26k |
| 2024 | 0.54 | +£8k |
| 2023 | 0.53 | -£110 |
| 2022 | 0.60 | -£822 |
| 2021 | 0.68 | +£30k |
| 2020 | 0.42 | -£41k |
| 2019 | 0.47 | — |
Derived from filed accounts. Not audited figures.