Midland Car Spares Limited
07065910
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/11/2009
DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 1 other board
director · Since 04/11/2009
DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 1 other board
Persons with Significant Control
Mohinder Kaur
British · United Kingdom · Age 66
Drayton Court, Drayton Road, Solihull, B90 4NG
Notified 06/04/2016
Mr Bhagwant Singh Gill
British · England · Age 68
Drayton Court, Drayton Road, Solihull, B90 4NG
Notified 06/04/2016
CompanyRankvs 1050+ SIC 45320 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
£70k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£72k
Working capital
Current Assets
£247k
Current Liabilities
£177k
Fixed Assets
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.40 | +£20k |
| 2024 | 1.33 | +£23k |
| 2023 | 1.24 | -£27k |
| 2022 | 1.47 | -£29k |
| 2021 | 2.06 | +£44k |
| 2020 | 1.71 | +£19k |
| 2019 | 1.01 | -£176 |
| 2018 | 0.95 | — |
Derived from filed accounts. Not audited figures.