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Midland Plastics & Plumbing Ltd

08088119

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

MOORE STREET SOUTH, WOLVERHAMPTON, WV2 3JN
Incorporated 30/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Aftab Khan

director · Since 30/05/2012

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Aftab Khan

75–100% shares
right-to-appoint-and-remove-directors-as-firm

British · England · Age 47

Moore Street South, Blakenhall, Wolverhampton, WV2 3JN

Notified 06/04/2016

CompanyRankvs 1444+ SIC 46740 peers
57

Financial strength47th percentile among SIC peers · 12/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees10/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£82

Working capital

Current Assets

£378k

Current Liabilities

£379k

Fixed Assets

£19k

3avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00+£2k
20231.06-£707
20221.13
20211.18
20201.29+£2k
20191.00-£8k
20181.16

Derived from filed accounts. Not audited figures.