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Midway Procurement Ltd

14400632

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 5 HALLFIELD WORKS, STOKE-ON-TRENT, ST1 2HY
Incorporated 05/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Philip Anthony Harper

director · Since 05/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 9 other boards

Mr Robert Peter Colclough

director · Since 10/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr John Hickson

director · Since 10/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Thomas Ryan Mcnulty

director · Since 10/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Mr Jonathan Henry Palk

director · Since 10/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Mr Philip Anthony Harper

Significant control

British · England · Age 49

Unit 5, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 05/10/2022

Mr Jonathan Henry Palk

Significant control

British · England · Age 64

Unit 5, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 11/05/2023

Mr Thomas Ryan Mcnulty

Significant control

British · England · Age 39

Unit 5, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 11/05/2023

Mr John Hickson

Significant control

British · England · Age 60

Unit 5, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 11/05/2023

Mr Robert Peter Colclough

Significant control

British · England · Age 50

Unit 5, Hallfield Works, Stoke-On-Trent, ST1 2HY

Notified 11/05/2023

CompanyRankvs 1324+ SIC 46520 peers
63

Financial strength72th percentile among SIC peers · 18/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
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90
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90
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90
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90
7Charcroft Electronics Limited
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8Genalog Limited
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9Rapid Electronics Limited
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10Easby Electronics Limited
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1324Midway Procurement Ltd
62
How is this score calculated?
Financial strength18/25 pts

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

Employees14/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

£40k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£260k

Current Liabilities

£203k

Fixed Assets

£1k

8avg. employees+4

Balance Sheet

Assets less current liabilities£58k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£19k
20241.19—

Derived from filed accounts. Not audited figures.