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Mid Transport Ltd

10254210

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 9 OCCUPATION LANE, SWADLINCOTE, DE11 8EX
Incorporated 28/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Danut Preda

director · Since 28/06/2016

TRANSPORT BY FREIGHT

ROMANIAN · ENGLAND · Age 48

Persons with Significant Control

Mr Danut Preda

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors

Romanian · England · Age 48

Unit 9, Occupation Lane, Swadlincote, DE11 8EX

Notified 27/06/2017

Charges0 outstanding

Charge
satisfied

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CompanyRankvs 28824+ SIC 49410 peers
45

Financial strength3th percentile among SIC peers · 1/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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28824Mid Transport Ltd
41
How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

-£48k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£47k

Current Liabilities

£86k

Fixed Assets

£69k

Debtors

£43k

4avg. employees

Tax at Year End

Corp tax£4k
VAT£14k

Director Loans

Company owes directors£48k

Balance Sheet

Assets less current liabilities£31k
Signed by Mr Danut Preda 27/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.55+£0£282k
20250.55-£62k£282k
20240.46+£2k£155k
20230.87—£228k

Derived from filed accounts. Not audited figures.