West Midlands Home Inspectors Ltd
06219052
Healthy
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Colin Mitchinson
English · England · Age 68
7, Ascot Drive, Dudley, DY1 2SN
Notified 01/05/2016
CompanyRankvs 12186+ SIC 71111 peers43
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Turnover
£22k
Annual revenue
Net Worth
-£4k
Balance sheet strength
Cash
£8k
Cash in the bank
Profit Before Tax
£575
Bottom line earnings
Net Current Assets
-£4k
Working capital
Current Assets
£15k
Current Liabilities
£19k
Debtors
£7k
Cost of Sales
£17k
Gross Profit
£5k
Admin Expenses
£5k
Operating Profit
£569
Profit After Tax
£574
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.77 |
| 2024 | 0.60 |
| 2023 | 0.91 |
| 2022 | 0.87 |
| 2021 | 0.92 |
| 2020 | 0.90 |
| 2019 | 0.87 |
Derived from filed accounts. Not audited figures.