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Midtherm Powder Coating Limited

07322805

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BAY 3 SHAW ROAD, DUDLEY, DY2 8TS
Incorporated 22/07/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Raymond William John Andrews

director · Since 22/07/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 14 other boards

Mrs Shard-E Lea Andrews

director · Since 13/10/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Mrs Shard-E Lea Andrews

25–50% shares
25–50% votes

British · England · Age 39

Midtherm House, Midtherm Business Park, Netherton, Dudley, DY2 8SY

Notified 06/04/2016

Mr Ray William John Andrews

25–50% shares
25–50% votes

British · United Kingdom · Age 82

Midtherm House, Midtherm Business Park, Netherton, Dudley, DY2 8SY

Notified 06/04/2016

Former PSCs

Mr Robert Reginald Swallow

Ceased 30/03/2018

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 07/12/2015Registered 07/12/2015

CompanyRankvs 147+ SIC 25610 peers
69

Financial strength73th percentile among SIC peers · 18/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 6.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2024

Net Worth

£265k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£208k

Working capital

Current Assets

£248k

Current Liabilities

£40k

Fixed Assets

£64k

9avg. employees+1

Balance Sheet

Assets less current liabilities£272k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.22+£10k
20232.70+£90k
20221.91+£20k
20211.90+£34k
20202.00-£4k
20191.92+£36k
20181.41

Derived from filed accounts. Not audited figures.