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Midway Garage Limited

05014400

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 FORBES BUSINESS CENTRE, BURY ST EDMUNDS, IP32 7AR
Incorporated 13/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles
47300
Retail sale of automotive fuel in specialised stores

Officers

Mr Carey Lewis

director · Since 13/01/2004

GARAGE PROPIETOR

BRITISH · UNITED KINGDOM · Age 62

Mr Francis Victor Pettitt

director · Since 13/01/2004

GARAGE PROPRIETOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Francis Victor Pettitt

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

7 Manor Farm Drive, Beyton, Bury St Edmunds, IP30 9GQ

Notified 06/04/2016

Mr Carey Lewis

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 62

2 Kitson Gardens, Stretham, Ely, CB6 3XR

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 09/05/2005Registered 14/05/2005

CompanyRankvs 13139+ SIC 45200 peers
54

Financial strength62th percentile among SIC peers · 16/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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90
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90
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90
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13139Midway Garage Limited
60
How is this score calculated?
Financial strength16/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Outstanding charges: -10 pts

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

£15k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£46k

Current Liabilities

£67k

Fixed Assets

£37k

5avg. employees-1

Balance Sheet

Assets less current liabilities£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69-£3k
20240.76-£29k
20231.24+£36k
20220.83+£4k
20210.64-£4k
20200.45—
20190.46—

Derived from filed accounts. Not audited figures.