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Midlands Building Contractors Ltd

06348475

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

STAFFORDSHIRE KNOT, WEDNESBURY, WS10 8TE
Incorporated 21/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Merlin Business Services Uk Ltd

secretary · Since 01/01/2008

BRITISH

Also on 2 other boards

Mr Simon Burke

director · Since 18/05/2016

BUILDING DEVELOPER

ENGLISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Simon Burke

75–100% shares

English · England · Age 59

165, Denbigh Drive, West Bromwich, B71 2SP

Notified 01/01/2017

CompanyRankvs 58177+ SIC 41100 peers
41

Financial strength11th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength3/25 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.

Liquidity6/20 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 31/03/2024

Net Worth

-£28k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£104k

Current Liabilities

£124k

Fixed Assets

£31k

Debtors

£85k

0avg. employees-2

Tax at Year End

Corp tax£11k

Balance Sheet

Assets less current liabilities£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84+£0
20230.84-£59k
20221.63-£8k
20212.57-£2k
20201.51+£18k
20191.27

Derived from filed accounts. Not audited figures.