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Midcorsetry Limited

09413754

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

179 GREEN LANE ROAD, LEICESTER, LE5 4PD
Incorporated 30/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14132
Manufacture of women's outerwear
14142
Manufacture of women's underwear
68320
Management of real estate on a fee or contract basis

Officers

Mr Amarjit Singh Mahal

director · Since 30/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 13 other boards

Mr Rikinder Singh Mahal

director · Since 30/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 5 other boards

Mr Robinder Singh Mahal

director · Since 30/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Mr Ravinder Singh Mahal

director · Since 15/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Amarjit Mahal

Appoint directors
significant-influence-or-control-as-firm

British · England · Age 69

Kingsley Hall, Stretton Road, Leicester, LE8 9GP

Notified 15/02/2019

Former PSCs

Mr Inderjit Singh Mahal

Ceased 15/02/2019

CompanyRankvs 1820+ SIC 14132 peers
74

Financial strength95th percentile among SIC peers · 24/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 38.54× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees4/15 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.

Longevity11/15 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

£328k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

£320k

Working capital

Current Assets

£328k

Current Liabilities

£9k

Fixed Assets

£9k

Debtors

£221k

0avg. employees-1

Balance Sheet

Assets less current liabilities£328k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202538.54-£96k
20249.21-£6k
202315.63-£11k
20226.57+£40k
20216.28+£979
20209.75+£75k
20196.78

Derived from filed accounts. Not audited figures.