Midway Motors (Sw) Ltd
09691114
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/07/2015
MECHANIC
BRITISH · ENGLAND · Age 54
Also on 1 other board
secretary · Since 10/04/2026
Persons with Significant Control
Mr Nigel John Olliver
British · England · Age 54
129, Yelland Road, Barnstaple, EX31 3EE
Notified 01/07/2016
Mrs Maria Collette Olliver
British · England · Age 59
129, Yelland Road, Barnstaple, EX31 3EE
Notified 10/04/2026
Former PSCs
Mrs Maria Olliver
Ceased 10/04/2026
CompanyRankvs 7707+ SIC 45200 peers71
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2024
Net Worth
£64k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£34k
Working capital
Current Assets
£117k
Current Liabilities
£84k
Fixed Assets
£167k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.40 | -£35k |
| 2023 | 1.04 | +£34k |
| 2022 | 1.27 | +£16k |
| 2021 | 1.80 | +£33k |
| 2020 | 3.25 | -£2k |
| 2019 | 2.21 | -£20k |
| 2018 | 2.15 | — |
Derived from filed accounts. Not audited figures.