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Midelb Altlantic Ltd

15352064

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

17 TARRING STREET, DURHAM, TS18 1HH
Incorporated 14/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Tokunbo Samuel Ikuerowo

director · Since 14/12/2023

ENGINEER

NIGERIAN · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Tokunbo Samuel Ikuerowo

75–100% shares
75–100% votes
Appoint directors

Nigerian · England · Age 50

Tokunbo Samuel Samuel Ikuerowo, 17 Tarring Street, Stockton-On-Tees, TS18 1HH

Notified 14/12/2023

CompanyRankvs 19594+ SIC 45112 peers
37

Financial strength43th percentile among SIC peers · 11/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity3 years trading (max 15) · 3/15
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
6Platts Motor Company Limited
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8Ben Smith & Sons(Wantage)Limited
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19594Midelb Altlantic Ltd
32
How is this score calculated?
Financial strength11/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

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

Longevity3/15 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 31/12/2024

Net Worth

£241

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£241

Working capital

Current Assets

£1k

Current Liabilities

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£241
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.86

Derived from filed accounts. Not audited figures.