West Midlands Development Capital Ltd
10759485
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 07/05/2026
Due 21/05/2027
Industry
Officers
secretary · Since 26/10/2017
director · Since 26/10/2017
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 19/11/2024
HEAD OF ECONOMIC POLICY AND PARTNERSHIPS
BRITISH · ENGLAND · Age 42
Persons with Significant Control
West Midlands Combined Authority
16, Summer Lane, Birmingham, B19 3SD
Notified 26/10/2017
Former PSCs
Ms Linda Katherine Horne
Ceased 26/10/2017
CompanyRankvs 82+ SIC 64303 peers80
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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
£279k
Balance sheet strength
Cash
£300k
Cash in the bank
Net Current Assets
£279k
Working capital
Current Assets
£307k
Current Liabilities
£28k
Debtors
£7k
Profit After Tax
£64k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 10.98 | +£64k |
| 2024 | 9.94 | +£64k |
| 2023 | 10.09 | +£60k |
| 2022 | 9.03 | +£38k |
| 2021 | 5.27 | +£41k |
| 2020 | 1.14 | — |
Derived from filed accounts. Not audited figures.