Midpoint No.2 Limited
12924296
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/10/2020
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 4 other boards
director · Since 02/10/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 49 other boards
Persons with Significant Control
Mr James Daniel Fox
British · England · Age 39
40, Kimbolton Road, Bedford, MK40 2NR
Notified 02/10/2020
Mr Duncan Francis Mason
British · United Kingdom · Age 63
40, Kimbolton Road, Bedford, MK40 2NR
Notified 02/10/2020
Charges1 outstanding
HWM FINANCE LTD
CompanyRankvs 78347+ SIC 41100 peers22
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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.
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 31/12/2024
Net Worth
-£35k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£35k
Working capital
Current Assets
£2.3M
Current Liabilities
£2.3M
Debtors
£19k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.99 | -£32k |
| 2023 | 1.00 | -£798 |
| 2022 | 0.99 | — |
| 2021 | 0.99 | — |
Derived from filed accounts. Not audited figures.