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Midwest Properties Limited

11041413

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

JUBILEE HOUSE, LONDON, NW9 8TZ
Incorporated 01/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Martin Thomas Corcoran

director · Since 01/11/2017

DIRECTOR

IRISH · ENGLAND · Age 47

Also on 1 other board

Mr Shane Corcoran

director · Since 01/11/2017

DIRECTOR

IRISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Shane Corcoran

25–50% shares
25–50% votes
Appoint directors

Irish · England · Age 49

Jubilee House, Townsend Lane, London, NW9 8TZ

Notified 01/11/2017

Mr Martin Thomas Corcoran

25–50% shares
25–50% votes
Appoint directors

Irish · England · Age 47

Jubilee House, Townsend Lane, London, NW9 8TZ

Notified 01/11/2017

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 26/07/2024Registered 29/07/2024
Charge
outstanding

LLOYDS BANK PLC

Created 26/07/2024Registered 29/07/2024
Charge
outstanding

LLOYDS BANK PLC

Created 26/07/2024Registered 29/07/2024
Charge
outstanding

YORKSHIRE BUILDING SOCIETY

Created 07/01/2022Registered 07/01/2022

CompanyRankvs 4497+ SIC 42990 peers
54

Financial strength76th percentile among SIC peers · 19/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 8.21× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

£112k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£229k

Working capital

Current Assets

£261k

Current Liabilities

£32k

Fixed Assets

£2.0M

Debtors

£239k

0avg. employees

Tax at Year End

Corp tax£11k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20258.21+£34k
20243.79+£17k
202337.06

Derived from filed accounts. Not audited figures.