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Midway Manufacturing Ltd

09951134

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 2 HARGREAVES WAY, SCUNTHORPE, DN15 8RF
Incorporated 14/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Albert Farrant

director · Since 07/10/2025

BRITISH · UNITED KINGDOM · Age 52

Also on 33 other boards

Mr Paul Murphy

director · Since 07/10/2025

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 58

Also on 3 other boards

Mr Timothy Hal Roberts

director · Since 07/10/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 8 other boards

Mr Andrew Trippitt

secretary · Since 13/10/2025

Persons with Significant Control

Inspirit Carrey Bidco Limited

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

Unit 2, Hargreaves Way, Scunthorpe, DN15 8RF

Reg: 14077879 · Companies House · Company Limited By Shares

Notified 07/10/2025

Former PSCs

Mrs Rebekah Herschel Harper

Ceased 07/10/2025

Mr Philip Anthony Harper

Ceased 07/10/2025

Mr Charles Elliot Hollinshead

Ceased 01/06/2023

Mrs Jillian Hollinshead

Ceased 07/04/2021

Charges3 outstanding

Charge
outstanding

INSPIRIT CARREY TOPCO LIMITED

Created 07/10/2025Registered 16/10/2025
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 07/10/2025Registered 13/10/2025
Charge
outstanding

REBEKAH HARPER · PHILIP HARPER

Created 07/10/2025Registered 10/10/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/05/2017Registered 11/05/2017Satisfied 15/09/2025

CompanyRankvs 980+ SIC 26110 peers
70

Financial strength84th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.05× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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98Midway Manufacturing Ltd
80
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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.

Longevity10/15 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

Outstanding charges: -10 pts

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

£937k

Balance sheet strength

Cash

£233k

Cash in the bank

Net Current Assets

£852k

Working capital

Current Assets

£1.3M

Current Liabilities

£416k

Fixed Assets

£148k

Debtors

£672k

31avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20253.05+£146k
20243.45-£29k
20232.71+£304k
20222.00+£178k
20212.14+£102k
20201.87+£85k
20191.50—

Derived from filed accounts. Not audited figures.