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Midway Electronics Ltd

07021902

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

DINWOOD COTTAGE, CHEPSTOW, NP16 6LS
Incorporated 17/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mrs Amanda Hill

director · Since 17/09/2009

FINANCIAL DIRECTOR

BRITISH · WALES · Age 60

Mr Kevin Hill

director · Since 17/09/2009

MANAGING DIRECTOR

BRITISH · WALES · Age 60

Persons with Significant Control

Mr Kevin Hill

25–50% votes

British · Wales · Age 60

Dinwood Cottage, Shirenewton, Chepstow, NP16 6LS

Notified 06/04/2016

Mrs Amanda Hill

25–50% votes

British · Wales · Age 60

Dinwood Cottage, Shirenewton, Chepstow, NP16 6LS

Notified 06/04/2016

CompanyRankvs 337+ SIC 27900 peers
79

Financial strength77th percentile among SIC peers · 19/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 36.86× · 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 strength19/25 pts

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

Employees10/15 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 31/12/2025

Net Worth

£337k

Balance sheet strength

Cash

£336k

Cash in the bank

Net Current Assets

£337k

Working capital

Current Assets

£346k

Current Liabilities

£9k

Fixed Assets

£13k

Debtors

£9k

3avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202536.86+£0
202536.86-£84k
202428.09-£40k
20238.67

Derived from filed accounts. Not audited figures.