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Midfoils Tech Ltd

06162317

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

THE LONG HOUSE, CASTLE FARM, BATH, BA2 0DD
Incorporated 15/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Carolyn Claire Schofield

secretary · Since 15/03/2007

BRITISH

Mr Timothy James Schofield

director · Since 15/03/2007

PROJECT MANAGER

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mrs Carolyn Claire Schofield

director · Since 04/04/2013

COMPANY SECRETARY

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Timothy James Schofield

25–50% shares
25–50% votes

British · England · Age 58

The Long House, Castle Farm, Bath, BA2 0DD

Notified 06/04/2016

Mrs Carolyn Claire Schofield

25–50% shares
25–50% votes

British · England · Age 57

The Long House, Castle Farm, Bath, BA2 0DD

Notified 06/04/2016

CompanyRankvs 54239+ SIC 62020 peers
56

Financial strength30th percentile among SIC peers · 8/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.55× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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54239Midfoils Tech Ltd
52
How is this score calculated?
Financial strength8/25 pts

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

Employees2/15 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 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£33k

Current Liabilities

£21k

Fixed Assets

£566

Debtors

£936

0avg. employees-2

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£12k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.55
20241.45
20231.58

Derived from filed accounts. Not audited figures.