MIDLAND INDUSTRIAL METALS LIMITED

8TH FLOOR TEMPLE POINT, 1 TEMPLE ROW, BIRMINGHAM, B2 5LG

Company Number: 01325405
Incorporation date: 12-Aug-1977
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
46770 Wholesale of waste and scrap





SUMMARY

This company is 46.7 years old and is currently liquidation. It is controlled by Mr Steven Roy Maddox. The company has positive equity (net assets) of GBP 3.1 million which has increased from GBP 2.9 million in the previous year. The latest reported revenue figure is GBP 24.1 million which is up 20% on previous year's figure of GBP 19.7 million. . The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 29-Feb-2020
Accounts Filed: FULL (31-May-2018)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-May-2018 GBP 24,133,877 254,810 1,618 48,286 206,004
31-May-2017 GBP 19,746,388 190,210 76 37,411 152,430
31-May-2016 GBP 16,724,318 32,225 69 4,337 26,975


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-May-2018 GBP 25,527 6,767,998 3,933,254 59 3,068,951 3,069,051
31-May-2017 GBP 42,028 5,855,921 3,147,231 41 59 2,862,947 2,863,047
31-May-2016 GBP 451,271 4,754,570 2,189,824 41 59 2,710,517 2,710,617

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-May-2018 GBP inf% -41 41 0 -33,757
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Sarah Louise MADDOX 31 May 2003 28 Mar 2024 British 2 - 2
Resigned Steven Roy MADDOX 04 Apr 2001 31 May 2003 1 - 5
Resigned Patricia Ann MADDOX 04 Apr 2001 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Jonathan Peter FOSTER 01 Dec 2014 30 Jun 2016 Commercial Director British 0 - 11 (100.0%)
Resigned Scott Allan LATHAM 01 Dec 2014 05 Mar 2020 Director British 0 - 11 (100.0%)
Resigned Rocco CAFOLLA 15 Jan 1998 31 May 2003 Sales Director British 0 - 11 (100.0%)
Resigned Raymond John GIBBS 23 Dec 1997 Works Director English 0 - 11 (100.0%)
Active Steven Roy MADDOX Director British 1 - 54 (66.7%)
Resigned Patricia Ann MADDOX 04 Apr 2001 Company Secretary English 0 - 22 (100.0%)
Resigned Roy Albert MADDOX 04 Jan 2000 Managing Director British 1 - 21 (33.3%)
Number of active directors: 1
Average tenure of active directors: 0.0 years
Average tenure of resigned directors: 2.0 years
Average active director Dissolution Rate: 66.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
MIDLAND INDUSTRIAL METALS LIMITED (01325405) - Liquidation
BHR TUBE LIMITED (04518772) - Dissolved
MIDLAND FOUNDRY BLENDS LIMITED (07738866) - Active
MIDLAND WASTE SOLUTIONS LIMITED (07738919) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-08-052015-08-052014-08-052013-08-052012-08-05
STEVEN ROY MADDOXORDINARY GBP1 SHARES29
70.7%
29
70.7%
29
70.7%
29
70.7%
29
70.7%
ANDREW EDWARD HASNIP AND NIGEL RAYMOND WOOD (TRUSTEESORDINARY GBP1 SHARES12
29.3%
0
0%
0
0%
0
0%
0
0%
ANDREW EDWARD HASNIP AND NIGEL RAYMOND WOOD (TRUSTEES OF R A MADDOXORDINARY GBP1 SHARES0
0%
12
29.3%
12
29.3%
12
29.3%
0
0%
TRUSTEES OF R A MADDOX DISCRETIONARY SETTLEMENTORDINARY GBP1 SHARES0
0%
0
0%
0
0%
0
0%
12
29.3%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

MIDLAND INDUSTRIAL METALS LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 46770 Wholesale of waste and scrap)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
THE REMET COMPANY LIMITED REMET WORKS 9A CODY BUSINESS CENTRE, SOUTH CRESCENT, LONDON, E16 4TL 03302783 2018-06-30 175,308,370 0
GERRARDS (PRECIOUS METALS) LIMITED 63/66 HATTON GARDEN, LONDON, EC1N 8LE 01528315 2018-02-28 56,333,222 0
EPS MATERIALS RECOVERY LTD BLENHEIM HOUSE, NEWMARKET ROAD, BURY ST EDMUNDS, SUFFOLK, IP33 3SB 08016976 2018-04-30 18,922,123 0
KENT METALS MEDWAY LTD WARWICK HOUSE, 116 PALMERSTON ROAD, BUCKHURST HILL, ESSEX, IG9 5LQ 09614951 2018-11-30 609,806 0
AXO-MET LTD 41 AXON CRESCENT, STOKE-ON-TRENT, UNITED KINGDOM, ST3 6PA 10177063 2018-05-31 84,714 0
ROBERT GIBBS (CONTRACTING) COMPANY LIMITED BRIDGE WORKS NORMANDY WAY, OFF PINDAR ROAD, HODDESDON, HERTFORDSHIRE, EN11 0EW 02082145 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 6.1% 8.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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