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Midlands Engineering (Uk) Ltd

08576846

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

417A BIRMINGHAM ROAD, SUTTON COLDFIELD, B72 1AU
Incorporated 20/06/2013

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

41100
Development of building projects
43999
Specialised construction activities
96090
Other personal service activities

Officers

Mr Gary William Ritson

director · Since 20/06/2013

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mrs Julie Anne Ritson

secretary · Since 01/07/2023

Also on 2 other boards

Mrs Julie Anne Ritson

director · Since 01/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Gary William Ritson

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

417a, Birmingham Road, Sutton Coldfield, B72 1AU

Notified 06/04/2016

Mrs Julie Anne Ritson

25–50% shares
25–50% votes

British · England · Age 57

417a, Birmingham Road, Sutton Coldfield, B72 1AU

Notified 18/07/2024

CompanyRankvs 4314+ SIC 41100 peers
80

Financial strength89th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.91× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

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.

Longevity13/15 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 31/03/2025

Net Worth

£434k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

£422k

Working capital

Current Assets

£508k

Current Liabilities

£86k

Fixed Assets

£11k

Debtors

£355k

2avg. employees

Tax at Year End(2019)

Corp tax£11k

Director Loans(2019)

Company owes directors£34

Balance Sheet

Assets less current liabilities£434k
Signed by Mrs JULIE RITSON 13/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.91+£137k
20244.27+£80k
20232.72+£63k
20223.22-£11k
20215.16+£77k
20204.51+£36k
20193.49+£13k
20183.25

Derived from filed accounts. Not audited figures.