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Midland Chiropractic Limited

05887824

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

94 FAZELEY ROAD, STAFFORDSHIRE, B78 3LL
Incorporated 26/07/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Leon James Rich

director · Since 29/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Mrs Tracey Williams

director · Since 01/12/2024

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

L R Holdings (Lichfield) Limited

75–100% shares
75–100% votes

6, Worcester Close, Lichfield, WS13 7SP

Reg: 16006576 · Companies House · Private Limited Company

Notified 29/10/2024

Former PSCs

Mr Matthew John Clancy

Ceased 29/10/2024

Ms Laura Clancy

Ceased 29/10/2024

Charges1 outstanding

Charge
outstanding

MATTHEW CLANCY AND LAURA CLANCY

Created 29/10/2024Registered 30/10/2024

CompanyRankvs 4939+ SIC 86900 peers
67

Financial strength85th percentile among SIC peers · 21/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.48× · 12/20
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 strength21/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£45k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£103k

Current Liabilities

£70k

Fixed Assets

£11k

Debtors

£31k

9avg. employees-1

Tax at Year End

Corp tax£38k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£45k
Signed by Mr Leon Rich 03/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.48+£35k
20241.01-£10k
20231.21+£10k
2022+£0

Derived from filed accounts. Not audited figures.