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Mif Distributions Limited

04831831

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

BRITANNIA COURT, WORCESTER, WR1 3DB
Incorporated 14/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Roger Maurice Ballard

director · Since 14/07/2003

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mr Roger Maurice Ballard

75–100% shares

British · England · Age 65

Britannia Court, 5 Moor Street, Worcester, WR1 3DB

Notified 01/07/2016

CompanyRankvs 11+ SIC 24100 peers
88

Financial strength94th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.61× · 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 strength24/25 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.

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 31/12/2024

Net Worth

£2.7M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£3.7M

Current Liabilities

£1.0M

Fixed Assets

£88k

Debtors

£817k

Profit After Tax

£712k

19avg. employees

Tax at Year End

Corp tax£224k
Dividends paid£338k

Balance Sheet

Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.61+£374k
20233.81+£943k
20222.63+£776k
20211.88

Derived from filed accounts. Not audited figures.