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Midland Precision Engineering Limited

05897432

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

198 WELLINGTON STREET, NOTTINGHAM, NG10 4JN
Incorporated 07/08/2006

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

Industry

25990
Manufacture of other fabricated metal products
71129
Other engineering activities

Officers

Mr William Stuart Bradley

director · Since 07/08/2006

ENGINEER

BRITISH · ENGLAND · Age 53

Mrs Britt Louise Bradley

secretary · Since 11/09/2006

BRITISH · Age 50

Also on 1 other board

Mrs Britt Louise Bradley

director · Since 30/11/2011

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Callum Stuart Bradley

director · Since 17/03/2026

BRITISH · UNITED KINGDOM · Age 26

Persons with Significant Control

Mr William Stuart Bradley

25–50% shares
25–50% votes

British · England · Age 53

198, Wellington Street, Nottingham, NG10 4JN

Notified 06/04/2016

Mrs Britt Louise Bradley

25–50% shares
25–50% votes

British · England · Age 50

198, Wellington Street, Nottingham, NG10 4JN

Notified 06/04/2016

Mr Callum Stuart Bradley

25–50% shares
25–50% votes

British · United Kingdom · Age 26

198, Wellington Street, Nottingham, NG10 4JN

Notified 11/12/2025

CompanyRankvs 1949+ SIC 25990 peers
75

Financial strength75th percentile among SIC peers · 19/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.76× · 16/20
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 strength19/25 pts

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

Employees10/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£348k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£164k

Working capital

Current Assets

£379k

Current Liabilities

£215k

Fixed Assets

£601k

Debtors

£134k

5avg. employees

Tax at Year End

VAT£21k

Director Loans

Company owes directors£38k

Balance Sheet

Assets less current liabilities£765k
Signed by Mr W S Bradley 28th August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.76-£128k£416k
20231.40-£22k£443k
20221.97+£125k£396k
20210.82-£155k
20202.45+£339k
20191.35-£51k
201832.47

Derived from filed accounts. Not audited figures.