Back to search

Midland Lettings Ltd

13034275

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 DUFFIELD ROAD, DERBY, DE1 3BB
Incorporated 20/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Ka Shing Cheung

director · Since 20/11/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 8 other boards

Persons with Significant Control

Mr Ka Shing Cheung

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 34

1, Duffield Road, Derby, DE1 3BB

Notified 11/03/2021

Former PSCs

Ka Shing Holdings Ltd

Ceased 11/03/2021

CompanyRankvs 89296+ SIC 68209 peers
56

Financial strength10th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.23× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
89296Midland Lettings Ltd
55
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.

Employees12/15 pts

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

Liquidity20/20 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 30/11/2024

Net Worth

-£21k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£151k

Current Liabilities

£47k

Fixed Assets

£18k

Debtors

£150k

2avg. employees+2

Tax at Year End(2023)

VAT£704

Balance Sheet

Assets less current liabilities£122k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.23-£18k—
20233.06—£14k
20220.91——
20211.00——

Derived from filed accounts. Not audited figures.