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Midsummer Energy Ltd

07427197

active
Private Limited Company
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)
  • 3 outstanding charges (-6)

Details

MIDSUMMER ENERGY LTD, MILTON, CB24 6AZ
Incorporated 02/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
47789
Other retail sale of new goods in specialised stores
62012
Business and domestic software development

Officers

Dr Andrew Mark Rankin

director · Since 02/11/2010

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 51

Mr James Russell Vaux

director · Since 01/06/2016

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 40

Ms Lowri Goodyer

director · Since 25/06/2020

SALES DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Thomas Kemsley

director · Since 07/05/2024

SCOTLAND MANAGER

SCOTTISH · SCOTLAND · Age 33

Persons with Significant Control

Dr Andrew Rankin

75–100% shares

British · England · Age 51

Midsummer Energy Ltd, Cambridge Road Industrial Estate, Milton, CB24 6AZ

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 21/06/2024Registered 28/06/2024
Charge
outstanding

THE CO-OPERATIVE BANK PLC

Created 13/04/2023Registered 18/04/2023
Charge
outstanding

THE CO-OPERATIVE BANK P.L.C.

Created 08/09/2022Registered 08/09/2022

CompanyRankvs 281+ SIC 46520 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.69× · 16/20
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 strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/05/2021

Net Worth

£3.1M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£3.4M

Working capital

Current Assets

£8.3M

Current Liabilities

£4.9M

Fixed Assets

£21k

Debtors

£2.5M

31avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£3.4M
Signed by 2020-06-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20211.69

Derived from filed accounts. Not audited figures.