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Midwest Machinery Ltd

07929432

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

277 STOCKPORT ROAD, LANCS, OL7 0NT
Incorporated 31/01/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Officers

Mr Dean Goodwin

director · Since 01/03/2012

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Persons with Significant Control

Mr Dean Goodwin

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm

British · United Kingdom · Age 66

277, Stockport Road, Lancs, OL7 0NT

Notified 15/05/2017

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/04/2021Registered 10/05/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/10/2013Registered 01/11/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/09/2012Registered 28/09/2012

CompanyRankvs 494+ SIC 46140 peers
67

Financial strength91th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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494Midwest Machinery Ltd
77
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£326k

Cash in the bank

Net Current Assets

£236k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.1M

Fixed Assets

£1.2M

Debtors

£878k

7avg. employees

Tax at Year End

Corp tax£74k

Balance Sheet

Bank loans & overdrafts£394k
Assets less current liabilities£1.5M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22+£121k
20231.65+£42k
20221.60+£178k
20212.26+£33k
20202.48+£213k
20192.45+£34k
20182.30—

Derived from filed accounts. Not audited figures.