Midland Oil Group Limited
14649450
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/07/2025
group
Next accounts due
30/04/2027
Confirmation statement
Last: 30/01/2026
Due 13/02/2027
Industry
Officers
director · Since 08/02/2023
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 5 other boards
director · Since 08/02/2023
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 5 other boards
secretary · Since 17/03/2023
BRITISH · UNITED KINGDOM · Age 29
Also on 9 other boards
Persons with Significant Control
Mr Mark David Hayes
British · United Kingdom · Age 51
51, Racemeadow Crescent, Dudley, DY2 0DX
Notified 08/02/2023
Mr Richard Stephen Parry
British · United Kingdom · Age 43
101, Rake Lane, Wallasey, CH45 5DE
Notified 08/02/2023
Charges2 outstanding
MITSUBISHI HC CAPITAL UK PLC
CLYDESDALE BANK PLC (TRADING AS VIRGIN MONEY)
CYNERGY BUSINESS FINANCE LIMITED
CompanyRankvs 21+ SIC 19201 peers41
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
ve not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 31/07/2025
Turnover
£12.9M
Annual revenue
Net Worth
£93k
Balance sheet strength
Cash
£3k
Cash in the bank
Profit Before Tax
£117k
Bottom line earnings
Net Current Assets
-£1.3M
Working capital
Current Assets
£3.6M
Current Liabilities
£4.9M
Fixed Assets
£3.2M
Debtors
£2.3M
Cost of Sales
£9.8M
Gross Profit
£3.0M
Admin Expenses
£2.7M
Operating Profit
£388k
Profit After Tax
£36k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.74 | -£168k |
| 2024 | 0.79 | — |
Derived from filed accounts. Not audited figures.