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Midland Helicopters Limited

05362937

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

OFFICE 17 THE ATKINS BUILDING, HINCKLEY, LE10 1QU
Incorporated 14/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Trevor James Wallinger

director · Since 14/02/2005

DIRECTOR

BRITISH · ENGLAND · Age 54

Carol Wallinger

secretary · Since 06/04/2007

BRITISH

Persons with Significant Control

Mr Trevor James Wallinger

25–50% shares
25–50% votes

British · England · Age 54

Office 17 The Atkins Building, Lower Bond Street, Hinckley, LE10 1QU

Notified 13/02/2017

Mrs Carol Wallinger

25–50% shares
25–50% votes

British · England · Age 56

Office 17 The Atkins Building, Lower Bond Street, Hinckley, LE10 1QU

Notified 03/01/2023

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/01/2015Registered 14/01/2015
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/07/2014Registered 14/07/2014

CompanyRankvs 5354+ SIC 47789 peers
41

Financial strength15th percentile among SIC peers · 4/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 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 31/12/2025

Net Worth

-£8k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£237k

Current Liabilities

£253k

Fixed Assets

£11k

Debtors

£17k

4avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities-£4k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94-£26k
20241.05-£13k
20231.06

Derived from filed accounts. Not audited figures.