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Midland Fixings Ltd

09421981

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)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 5 POWER PARK, NOTTINGHAM, NG7 2UG
Incorporated 04/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment
46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Adrian Michael Fowler

director · Since 04/02/2015

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 6 other boards

Mr Michael Campbell Fowler

director · Since 04/02/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 4 other boards

Mr Robert Charles Fowler

director · Since 04/02/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 6 other boards

Persons with Significant Control

Midland Fixings Group Ltd

75–100% shares
75–100% votes
Appoint directors

The Parrs, Lilac Grove, Nottingham, NG9 1PJ

Reg: 09421739 · Uk · Private Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 22/10/2019Registered 22/10/2019Satisfied 13/09/2022

CompanyRankvs 362+ SIC 46730 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£6.7M

Balance sheet strength

Cash

£4.4M

Cash in the bank

Profit Before Tax

£5.3M

Bottom line earnings

Net Current Assets

£6.1M

Working capital

Current Assets

£12.6M

Current Liabilities

£6.5M

Fixed Assets

£697k

Debtors

£5.3M

Cost of Sales

£16.5M

Admin Expenses

£6.3M

Profit After Tax

£4.0M

93avg. employees+11

Tax at Year End

Corp tax£730k
Dividends paid£2.8M

People Costs

Wages & salaries£4.4M

Balance Sheet

Assets less current liabilities£6.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.94+£1.2M
20231.94+£893k
20222.20+£751k
20212.24+£410k
20202.24+£472k
20191.79+£513k
20181.68

Derived from filed accounts. Not audited figures.