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Midpoint Developments Limited

12809575

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

40 KIMBOLTON ROAD, BEDFORD, MK40 2NR
Incorporated 13/08/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

41100
Development of building projects

Officers

Mr Duncan Francis Mason

director · Since 13/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 49 other boards

Persons with Significant Control

Mr Duncan Francis Mason

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

British · United Kingdom · Age 63

40, Kimbolton Road, Bedford, MK40 2NR

Notified 13/08/2020

CompanyRankvs 78332+ SIC 41100 peers
32

Financial strength10th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

Longevity6/15 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 31/12/2024

Net Worth

-£37k

Balance sheet strength

Cash

£67

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£128k

Current Liabilities

£165k

Debtors

£128k

0avg. employees

Balance Sheet

Assets less current liabilities-£37k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78-£14k
20230.86-£12k
20220.93-£7k
20210.91

Derived from filed accounts. Not audited figures.