Midland Tube & Fabrications Ltd
10046500
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Karen Marsden
British · England · Age 60
Unit 4, Corngreaves Road, Cradley Heath, B64 7DA
Notified 06/04/2016
Mr Mark Anthony Nash
British · England · Age 35
Unit 4, Corngreaves Road, Cradley Heath, B64 7DA
Notified 06/04/2016
Mr Wayne Charles Marsden
British · England · Age 62
Unit 4, Corngreaves Road, Cradley Heath, B64 7DA
Notified 06/04/2016
Former PSCs
Mr Keith Godfrey Cadman
Ceased 05/04/2025
Mrs Caroline Ann Cadman
Ceased 05/04/2025
CompanyRankvs 1829+ SIC 25990 peers72
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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 31/03/2025
Net Worth
£168k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£145k
Working capital
Current Assets
£231k
Current Liabilities
£97k
Fixed Assets
£23k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.38 | +£26k |
| 2024 | 2.44 | -£13k |
| 2023 | 2.21 | — |
Derived from filed accounts. Not audited figures.