Midwest Construction Limited
07074661
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/11/2024
full
Next accounts due
31/08/2026
Confirmation statement
Last: 02/11/2025
Due 16/11/2026
Industry
Officers
Persons with Significant Control
Mr Martin Thomas Corcoran
Irish · England · Age 47
Unit 1 Arrow Business Centre, Aintree Road, Greenford, UB6 7LA
Notified 12/11/2016
Mr Shane Corcoran
Irish · England · Age 48
Unit 1, Aintree Road, Greenford, UB6 7LA
Notified 12/11/2016
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 556+ SIC 43999 peers69
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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.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/11/2023
Turnover
£31.4M
Annual revenue
Net Worth
£7.1M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
£264k
Bottom line earnings
Net Current Assets
£3.5M
Working capital
Current Assets
£6.7M
Current Liabilities
£3.2M
Fixed Assets
£6.0M
Debtors
£2.1M
Cost of Sales
£29.0M
Gross Profit
£2.4M
Admin Expenses
£2.3M
Operating Profit
£357k
Profit After Tax
£359k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.11 | +£359k |
| 2022 | 1.08 | +£930k |
| 2021 | 1.04 | +£166k |
| 2020 | 1.18 | +£480k |
| 2019 | 1.18 | — |
Derived from filed accounts. Not audited figures.