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Midlands Waste Limited

12162966

active
Private Limited Company
england wales
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

QUEST CMA LTD, GROSVENOR HOUSE, BIRMINGHAM, B3 1RB
Incorporated 19/08/2019

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 21/11/2025

Due 05/12/2026

On track

Industry

38110
Collection of non-hazardous waste
39000
Remediation activities and other waste management services
46770
Wholesale of waste and scrap

Officers

Mr Vaibhav Mandhani

director · Since 14/01/2020

DIRECTOR

INDIAN · ENGLAND · Age 30

Mr Nicholas Charles Bonnaud

director · Since 27/09/2022

CHARTERED MANAGEMENT ACCOUNTANT

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Persons with Significant Control

Mr Vaibhav Mandhani

75–100% shares
25–50% votes
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

Indian · England · Age 30

Flat 2 Millbrook Court, Haden Hill Road, Birmingham, B63 3NG

Notified 14/01/2020

Former PSCs

Mr Junade Akhtar

Ceased 12/06/2020

CompanyRankvs 2148+ SIC 38110 peers
49

Financial strength79th percentile among SIC peers · 20/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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.

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

£106k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£11k

Current Liabilities

£99k

1avg. employees

Balance Sheet

Assets less current liabilities£88k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11+£89k
20231.40
20210.10-£9k

Derived from filed accounts. Not audited figures.