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Midwest Solutions Limited

10921526

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 11A ORCHARD STREET INDUSTRIAL ESTATE, SALFORD, M6 6FL
Incorporated 17/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
46690
Wholesale of other machinery and equipment
49410
Freight transport by road

Officers

James Ronan

director · Since 15/02/2023

Irish

Former

Lindsey Ann Godfrey

director · Resigned 09/02/2022

Gerard Patrick Ronan

director · Resigned 15/02/2023

CompanyRankvs 22030+ SIC 46140 peers
45

Financial strength34th percentile among SIC peers · 9/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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2203Midwest Solutions Limited
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How is this score calculated?
Financial strength9/25 pts

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

Employees6/15 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.

Longevity9/15 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 31/08/2024

Net Worth

£198

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£204k

Current Liabilities

£234k

Fixed Assets

£40k

Debtors

£93k

Profit After Tax

£29k

1avg. employees

Tax at Year End

Dividends paid£31k

Balance Sheet

Assets less current liabilities£9k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.87

Derived from filed accounts. Not audited figures.