Midpoint Communications Limited
10290088
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 21/07/2016
ADIMINISTRATOR
BRITISH · UNITED KINGDOM · Age 36
Also on 3 other boards
Persons with Significant Control
Mr Christopher David Leslie King
British · United Kingdom · Age 36
Challenge House, Sherwood Drive, Milton Keynes, MK3 6DP
Notified 21/07/2016
CompanyRankvs 4153+ SIC 61900 peers55
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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 31/07/2024
Net Worth
£263k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£237k
Working capital
Current Assets
£164k
Current Liabilities
£400k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.41 | +£139k |
| 2023 | 0.53 | +£86k |
| 2022 | 0.96 | +£12k |
| 2021 | 1.02 | +£8k |
| 2020 | 0.84 | -£26k |
| 2019 | 0.42 | -£38k |
| 2018 | 0.07 | — |
Derived from filed accounts. Not audited figures.