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Midway Care Ltd

06470043

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

CARDINAL HOUSE ABBEYFIELD COURT, NOTTINGHAM, NG7 2SZ
Incorporated 10/01/2008

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/01/2026

Due 04/02/2027

On track

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Kristian Brian Lee

director · Since 28/02/2025

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 52

Also on 78 other boards

Persons with Significant Control

Midway Care Group Limited

75–100% shares
75–100% votes

Cardinal House, Abbeyfield Court, Nottingham, NG7 2SZ

Reg: 07209472 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

CIVITAS SPV109 LIMITED

Created 26/02/2019Registered 04/03/2019
Charge
outstanding

CSH SPV77 LIMITED

Created 31/05/2018Registered 13/06/2018
Charge
outstanding

CSH SPV77 LIMITED AS FUNDER

Created 28/02/2018Registered 06/03/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 21/12/2015Registered 05/01/2016Satisfied 01/03/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 21/12/2015Registered 05/01/2016Satisfied 01/03/2018
Charge
satisfied

HAVERCROFT CONSTRUCTION LIMITED

Created 18/12/2015Registered 29/12/2015Satisfied 28/02/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 17/12/2015Registered 22/12/2015Satisfied 28/02/2018
Charge
satisfied

SANTANDER UK PLC

Created 27/09/2013Registered 09/10/2013Satisfied 11/01/2016
Charge
satisfied

SANTANDER UK PLC

Created 27/09/2013Registered 01/10/2013Satisfied 11/01/2016
Charge
satisfied

GURNAM SINGH SWALI

Created 11/09/2013Registered 19/09/2013Satisfied 05/11/2013
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/10/2009Registered 27/10/2009Satisfied 24/08/2015
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/08/2008Registered 19/08/2008Satisfied 09/09/2015
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 11/08/2008Registered 14/08/2008Satisfied 24/08/2015
charge
satisfied

AIB GROUP (UK) PLC

Created 14/02/2008Registered 29/02/2008Satisfied 11/10/2008
charge
satisfied

AIB GROUP (UK) PLC

Created 14/02/2008Registered 29/02/2008Satisfied 11/11/2008

CompanyRankvs 294+ SIC 87300 peers
66

Financial strength88th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 13.8× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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294Midway Care Ltd
86
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.

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

or • the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. However, because not all future events or conditions can be predicte

Key FinancialsYear ending 31/07/2020

Turnover

£3.0M

Annual revenue

Net Worth

£711k

Balance sheet strength

Cash

£73k

Cash in the bank

Profit Before Tax

£614k

Bottom line earnings

Net Current Assets

£7.2M

Working capital

Current Assets

£7.8M

Current Liabilities

£564k

Fixed Assets

£703k

Debtors

£7.7M

Cost of Sales

£1.9M

Gross Profit

£1.0M

Admin Expenses

£649k

Operating Profit

£422k

Profit After Tax

£604k

89avg. employees

Tax at Year End

Dividends paid-£2.4M

People Costs

Wages & salaries£1.6M
NI contributions£122k

Balance Sheet

Intangible assets£80k
Bank loans & overdrafts£250k
Assets less current liabilities£7.9M
Prepared with Digita Accounts Production Advanced 6.24.8820.0

EstimatesDerived

YearCurrent Ratio
202013.80

Derived from filed accounts. Not audited figures.