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MIDLAND INDUSTRIAL METALS LIMITED
8TH FLOOR TEMPLE POINT, 1 TEMPLE ROW, BIRMINGHAM, B2 5LGCompany 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-2020Accounts 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 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 1 | 1 (100.0%) |
Resigned | Scott Allan LATHAM | 01 Dec 2014 | 05 Mar 2020 | Director | British | 0 - 1 | 1 (100.0%) |
Resigned | Rocco CAFOLLA | 15 Jan 1998 | 31 May 2003 | Sales Director | British | 0 - 1 | 1 (100.0%) |
Resigned | Raymond John GIBBS | 23 Dec 1997 | Works Director | English | 0 - 1 | 1 (100.0%) | |
Active | Steven Roy MADDOX | Director | British | 1 - 5 | 4 (66.7%) | ||
Resigned | Patricia Ann MADDOX | 04 Apr 2001 | Company Secretary | English | 0 - 2 | 2 (100.0%) | |
Resigned | Roy Albert MADDOX | 04 Jan 2000 | Managing Director | British | 1 - 2 | 1 (33.3%) |
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 | ||||
---|---|---|---|---|---|---|
2016-08-05 | 2015-08-05 | 2014-08-05 | 2013-08-05 | 2012-08-05 | ||
STEVEN ROY MADDOX | ORDINARY GBP1 SHARES | 29 70.7% | 29 70.7% | 29 70.7% | 29 70.7% | 29 70.7% |
ANDREW EDWARD HASNIP AND NIGEL RAYMOND WOOD (TRUSTEES | ORDINARY GBP1 SHARES | 12 29.3% | 0 0% | 0 0% | 0 0% | 0 0% |
ANDREW EDWARD HASNIP AND NIGEL RAYMOND WOOD (TRUSTEES OF R A MADDOX | ORDINARY GBP1 SHARES | 0 0% | 12 29.3% | 12 29.3% | 12 29.3% | 0 0% |
TRUSTEES OF R A MADDOX DISCRETIONARY SETTLEMENT | ORDINARY GBP1 SHARES | 0 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 |