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West Midlands Magazines Limited

10452329

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

WEST MIDLANDS HOUSE, WILLENHALL, WV13 2HA
Incorporated 31/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58142
Publishing of consumer and business journals and periodicals

Officers

Mr Simon Richard Archer

director · Since 31/10/2016

PUBLISHER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mrs Carol Archer

director · Since 30/12/2016

ADMINISTRATOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Simon Richard Archer

50–75% shares
50–75% votes

British · England · Age 61

West Midlands House, Gipsy Lane, Willenhall, WV13 2HA

Notified 31/01/2017

Mrs Carol Archer

25–50% shares
25–50% votes

British · England · Age 56

West Midlands House, Gipsy Lane, Willenhall, WV13 2HA

Notified 31/01/2017

Former PSCs

Mr Simon Richard Archer

Ceased 03/10/2025

CompanyRankvs 1272+ SIC 58142 peers
53

Financial strength51th percentile among SIC peers · 13/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£21k

Current Liabilities

£23k

Fixed Assets

£47k

Debtors

£16k

2avg. employees-2

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£15k
20231.37+£10k
20221.39+£914
20211.58+£2k
20201.52-£18k
20192.51-£7
20182.92

Derived from filed accounts. Not audited figures.