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Midco 8787 1 Limited

11899597

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)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 3 CAXTON CLOSE, DAVENTRY, NN11 8RT
Incorporated 22/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Neil Anthony Brawn

director · Since 31/07/2019

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 9 other boards

Mr Matthew Edward Pickford

director · Since 13/10/2025

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 49

Also on 7 other boards

Persons with Significant Control

Topco 8787 Limited

75–100% shares
75–100% votes
Appoint directors

Unit 3, Caxton Close, Daventry, NN11 8RT

Reg: 11899532 · Companies House · Limited By Shares

Notified 22/03/2019

CompanyRankvs 1563+ SIC 70100 peers
67

Financial strength98th percentile among SIC peers · 25/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 54.94× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees10/15 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.

Longevity7/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

is sufficient and appropriate to provide a basis for our opinion. Page 7 MIDCO 8787 1 LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MIDCO 8787 1 LIMITED (CONTINUED) Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncert

Key FinancialsYear ending 30/06/2023

Net Worth

£22.5M

Balance sheet strength

Cash

£69k

Cash in the bank

Profit Before Tax

£446k

Bottom line earnings

Net Current Assets

£33.2M

Working capital

Current Assets

£33.8M

Current Liabilities

£616k

Fixed Assets

£1

Debtors

£33.8M

Admin Expenses

£70k

Operating Profit

-£70k

Profit After Tax

£446k

2avg. employees

Balance Sheet

Assets less current liabilities£33.2M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
202354.94

Derived from filed accounts. Not audited figures.