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Midsteel Flanges And Fittings Limited

05721701

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

BUILDING 51 THIRD AVENUE, KINGSWINFORD, DY6 7XE
Incorporated 24/02/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Mr Keith O'Shea

secretary · Since 28/05/2021

IRISH · IRELAND · Age 42

Also on 23 other boards

Mr David Ahern

director · Since 28/05/2021

DIRECTOR

IRISH · IRELAND · Age 54

Also on 4 other boards

Mr Pio Enright

director · Since 28/05/2021

DIRECTOR

IRISH · IRELAND · Age 56

Also on 4 other boards

Mr Keith O'Shea

director · Since 28/05/2021

DIRECTOR

IRISH · IRELAND · Age 42

Also on 23 other boards

Persons with Significant Control

Mffh Limited

75–100% shares
75–100% votes

Building 51, Third Avenue, Kingswinford, DY6 7XE

Reg: 07751873 · England And Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
satisfied

ALAN DAVID STREET AND MARTIN GUY BOULTER

Created 02/03/2012Registered 06/03/2012Satisfied 01/06/2021
charge
outstanding

BARCLAYS BANK PLC

Created 03/11/2011Registered 09/11/2011
charge
outstanding

BARCLAYS BANK PLC

Created 03/11/2011Registered 09/11/2011
charge
satisfied

MIDSTEEL GROUP LIMITED

Created 03/11/2011Registered 04/11/2011Satisfied 15/04/2021

CompanyRankvs 68+ SIC 46720 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.06× · 20/20
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 strength22/25 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.

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 31/12/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£4.8M

Current Liabilities

£2.3M

Fixed Assets

£468k

Debtors

£2.4M

30avg. employees

Balance Sheet

Assets less current liabilities£2.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.06+£5k
20232.18

Derived from filed accounts. Not audited figures.