Midlands Waste Limited
12162966
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2024
micro entity
Next accounts due
31/05/2026
Confirmation statement
Last: 21/11/2025
Due 05/12/2026
Industry
Officers
director · Since 27/09/2022
CHARTERED MANAGEMENT ACCOUNTANT
BRITISH · ENGLAND · Age 57
Also on 7 other boards
Persons with Significant Control
Mr Vaibhav Mandhani
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 peers49
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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 31/08/2024
Net Worth
£106k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£88k
Working capital
Current Assets
£11k
Current Liabilities
£99k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.11 | +£89k |
| 2023 | 1.40 | — |
| 2021 | 0.10 | -£9k |
Derived from filed accounts. Not audited figures.