Midlands Highway Logistics Ltd
10326672
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 12/09/2016
HM FORCES
BRITISH · ENGLAND · Age 39
Also on 5 other boards
Persons with Significant Control
Mr Chris Green
British · England · Age 39
Unit 5a, Purdy Road, Bilston, WV14 8UB
Notified 01/04/2018
Former PSCs
Mr Peter Anthony Valaitis
Ceased 27/09/2017
Mr Michael John Green
Ceased 30/09/2024
CompanyRankvs 12304+ SIC 49410 peers66
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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 31/08/2024
Net Worth
£32k
Balance sheet strength
Cash
£74k
Cash in the bank
Net Current Assets
-£157k
Working capital
Current Assets
£303k
Current Liabilities
£461k
Fixed Assets
£225k
Debtors
£229k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.66 | +£2k |
| 2023 | 0.81 | -£7k |
| 2022 | 0.94 | +£16k |
| 2021 | 0.89 | +£15k |
| 2020 | 1.29 | +£909 |
| 2019 | 1.26 | +£37k |
| 2018 | 0.86 | — |
Derived from filed accounts. Not audited figures.