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Business Development Midlands Ltd

06409427

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

75 ASTON ROAD, SHIFNAL, TF11 8DU
Incorporated 25/10/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Ian Ross White

secretary · Since 20/07/2008

SALES DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 11 other boards

Mr Ian Ross White

director · Since 20/07/2008

SALES DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 11 other boards

Persons with Significant Control

Mr Ian Ross White

75–100% shares
Appoint directors

British · England · Age 68

75, Aston Road, Shifnal, TF11 8DU

Notified 01/10/2016

CompanyRankvs 1041+ SIC 85590 peers
83

Financial strength88th percentile among SIC peers · 22/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.59× · 20/20
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 strength22/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£51k

Balance sheet strength

Cash

£98k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£108k

Current Liabilities

£42k

Fixed Assets

£0

Debtors

£10k

2avg. employees-1

Tax at Year End

Corp tax£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.59-£94k
202323.54+£4k
20228.08+£43k
20216.54

Derived from filed accounts. Not audited figures.