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Midland Oil Refinery Limited

04832747

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

SHELAH ROAD, WEST MIDLANDS, B63 3PN
Incorporated 15/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

19201
Mineral oil refining
38220
Treatment and disposal of hazardous waste

Officers

Tye Shane Pearce Mcgrann

secretary · Since 03/07/2021

British

Mark David Hayes

director · Since 17/03/2023

British

Richard Stephen Parry

director · Since 17/03/2023

British

Former

Paul Ian Furness

secretary · Resigned 17/05/2004

Richard Walliker

secretary · Resigned 03/07/2021

Incorporate Secretariat Limited

corporate nominee secretary · Resigned 15/07/2003

Paul Ian Furness

director · Resigned 17/03/2023

Arthur Rennie

director · Resigned 17/03/2023

Incorporate Directors Limited

corporate nominee director · Resigned 15/07/2003

CompanyRankvs 105+ SIC 19201 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

e performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/07/2025

Turnover

£12.9M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

£264k

Bottom line earnings

Net Current Assets

£748k

Working capital

Current Assets

£5.6M

Current Liabilities

£4.8M

Fixed Assets

£2.4M

Debtors

£4.3M

Cost of Sales

£9.8M

Gross Profit

£3.0M

Admin Expenses

£2.5M

Operating Profit

£536k

Profit After Tax

£183k

34avg. employees+3

Tax at Year End

Corp tax£73k
Dividends paid-£204k

People Costs

Wages & salaries£1.1M
NI contributions£119k

Balance Sheet

Intangible assets£17k
Interest payable£275k
Assets less current liabilities£3.1M
Signed by Mr R S Parry Mr M D Hayes 30/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.15-£21k
20241.20

Derived from filed accounts. Not audited figures.