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Midland Paint & Powder Coaters (Holdings) Limited

06438664

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

399 GARRETTS GREEN LANE, BIRMINGHAM, B33 0UE
Incorporated 27/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Michael Staran Carless

director · Since 27/11/2007

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Kevin Joseph Mcconnell

director · Since 29/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Midland Paint And Powder (Group) Limited

75–100% shares
75–100% votes
Appoint directors

399, Garretts Green Lane, Birmingham, B33 0UE

Reg: 15792240 · England And Wales · Company Limited By Shares

Notified 03/12/2025

Former PSCs

Mr Michael Staran Carless

Ceased 21/10/2024

J & M Property (Birmingham) Ltd

Ceased 21/10/2024

Charges2 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/02/2013Registered 19/02/2013Satisfied 23/01/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/02/2013Registered 19/02/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/01/2013Registered 31/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 10/10/2008Registered 17/10/2008Satisfied 22/01/2014
charge
satisfied

BARCLAYS BANK PLC

Created 10/10/2008Registered 17/10/2008Satisfied 22/01/2014

CompanyRankvs 49495+ SIC 82990 peers
56

Financial strength97th percentile among SIC peers · 24/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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49495Midland Paint & Powder Coaters (Holdings) Limited
62
How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£1.2M

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£25k

Current Liabilities

£28k

Fixed Assets

£1.3M

Debtors

£8k

Profit After Tax

£315k

1avg. employees

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£1.8M
20235.13+£29k
202219.26+£5k
20216.72+£889k
20202.47+£96k
20191.61+£112k
20180.99—

Derived from filed accounts. Not audited figures.