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Midway Contract Electronics Limited

12925642

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 2 HALLFIELD WORKS, STOKE-ON-TRENT, ST1 2HY
Incorporated 03/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Robert Peter Colclough

director · Since 03/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Philip Anthony Harper

director · Since 03/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 9 other boards

Persons with Significant Control

Mr Robert Peter Colclough

25–50% shares
25–50% votes

British · England · Age 50

Unit 2, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 01/04/2023

Mr Jonathan Henry Palk

Significant control

British · England · Age 64

Unit 2, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 01/04/2023

Mr Philip Anthony Harper

25–50% shares
25–50% votes

British · England · Age 49

Unit 2, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 01/04/2023

Former PSCs

Midway Scientific Limited

Ceased 01/04/2023

Mr Charles Elliot Hollinshead

Ceased 28/06/2023

Mr Thomas Ryan Mcnulty

Ceased 07/02/2024

CompanyRankvs 4470+ SIC 26110 peers
64

Financial strength60th percentile among SIC peers · 15/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.65× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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447Midway Contract Electronics Limited
60
How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£37k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£84k

Working capital

Current Assets

£213k

Current Liabilities

£129k

Fixed Assets

£66k

11avg. employees+3

Balance Sheet

Assets less current liabilities£150k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.65-£23k
20241.41—

Derived from filed accounts. Not audited figures.