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Midland Reinforced Concrete Limited

05551537

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

HEWLETT HOUSE SOLOMAN ROAD, COSSALL, DE7 5UA
Incorporated 01/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
42130
Construction of bridges and tunnels
42910
Construction of water projects
42990
Construction of other civil engineering projects

Officers

James Sydney Micheal Nicholls

director · Since 16/07/2025

BRITISH · ENGLAND · Age 22

Also on 4 other boards

Lauren Jayne Nicholls

director · Since 16/07/2025

BRITISH · UNITED KINGDOM · Age 26

Also on 4 other boards

Lucy Anne Nicholls

director · Since 16/07/2025

BRITISH · UNITED KINGDOM · Age 23

Also on 4 other boards

Persons with Significant Control

Megagon Limited

75–100% shares
75–100% votes

Hewlett House Road, Cossall Industrial Estate, Soloman Road, Nottingham, DE7 5UA

Reg: 08924521 · Companies House · Limited By Shares

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/06/2021Registered 08/06/2021Satisfied 03/03/2026
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 06/04/2021Registered 08/04/2021Satisfied 03/03/2026
charge
satisfied

BARCLAYS BANK PLC

Created 05/03/2013Registered 13/03/2013Satisfied 03/03/2026

CompanyRankvs 692+ SIC 41202 peers
87

Financial strength98th percentile among SIC peers · 25/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.96× · 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 strength25/25 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.

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 31/08/2023

Net Worth

£1.5M

Balance sheet strength

Cash

£808k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.1M

Current Liabilities

£422k

Fixed Assets

£437k

Debtors

£417k

3avg. employees-1

Tax at Year End

Corp tax£44k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20234.96-£252k
20224.03+£369k
20216.34+£61k
20201.97+£242k
20192.53-£131k
20182.59

Derived from filed accounts. Not audited figures.