Midland Flooring Ltd in Birmingham, B46 2HH

Description

Data updated on: 01-11-2023

This particular business is located in Birmingham under the ID 07328134. This firm was started in 2010. The office of the company is located at Unit 9 The Cedars Coton Road, Nether Whitacre Coleshill. The area code for this location is B46 2HH. The company's registered with SIC code 43330: Floor and wall covering. 2022-12-31 is the last time company accounts were filed.

With 10 recruitment advertisements since 2016-04-10, the enterprise has been one of the most active firms on the job market. Recently, it was employing candidates in Birmingham. They employ workers on such posts as for instance: Concrete Floor Layer, Trainee Manager and Concrete Flooring Installer.

When it comes to this specific company's register, since 2012 there have been two directors: Steven S. and James F.. In order to provide support to the directors, this particular company has been using the skills of James F. as a secretary since 2011.

Executives with significant control over the firm are: Steven S. owns 1/2 or less of company shares. James F. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	2	14 250	2 451	25 990	7 513

Balance Sheet
Cash Bank On Hand					42 459	27 836	20 871	189 103	91 673	220 576	33 788	63 954
Current Assets	2	78 736	76 140	199 017	219 526	144 422	162 050	333 611	267 135	326 467	237 323	201 833
Debtors		78 734	45 200	183 350	172 850	116 586	141 179	144 508	175 462	105 891	203 535	137 879
Net Assets Liabilities					7 513	22 688	107 214	104 825	78 287	14 036	32 974	35 061
Other Debtors						105 000	72 316	57 962	17 402	36 365	106 533	54 505
Property Plant Equipment							156 490	130 895	114 159	21 999	20 446	14 547
Total Inventories					4 217
Cash Bank In Hand	2	2	30 940	12 760	42 459
Net Assets Liabilities Including Pension Asset Liability	2	14 250	2 451	25 990	7 513
Stocks Inventory				2 907	4 217

Capital & Reserves
Called Up Share Capital	2	2	2	2	100
Profit Loss Account Reserve		14 248	2 449	25 988	7 413
Shareholder Funds	2	14 250	2 451	25 990	7 513

Other Financial Data
Accrued Liabilities Deferred Income					1 200	1 200
Accumulated Depreciation Impairment Property Plant Equipment							21 623	57 540	98 371	33 460	44 681	45 495
Administrative Expenses					245 088	177 618
Average Number Employees During Period						16	22	25	23	20	17	13
Bank Borrowings Overdrafts										50 000	44 167	34 167
Corporation Tax Payable												3 901
Corporation Tax Recoverable											42 258
Cost Sales					1 511 189	1 153 744
Creditors					108 573	121 734	201 906	6 250	279 917	50 000	44 167	34 167
Gross Profit Loss					383 758	285 140
Increase From Depreciation Charge For Year Property Plant Equipment							21 623	45 234	54 700	13 820	13 209	9 565
Interest Payable Similar Charges Finance Costs					617	378
Net Current Assets Liabilities	2	75 174	46 375	69 914	107 513	22 688	-39 856	-350	-12 782	50 853	63 613	61 599
Operating Profit Loss					138 670	107 522
Other Creditors					100 000	1 200	46 581	50 420	74 383	21 034	64 042	29 327
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment												8 751
Other Disposals Property Plant Equipment												13 320
Other Taxation Social Security Payable						51 157	42 099	99 977	105 531	118 086	11 128	17 838
Prepayments Accrued Income					130 000	105 000
Profit Loss					110 382	85 715	144 526
Profit Loss On Ordinary Activities Before Tax					138 053	107 144
Property Plant Equipment Gross Cost							178 113	188 435	212 530	55 459	65 127	60 042
Provisions For Liabilities Balance Sheet Subtotal							9 420	19 470	23 090	8 816	6 918	6 918
Taxation Social Security Payable					33 586	51 157
Tax Tax Credit On Profit Or Loss On Ordinary Activities					27 671	21 429
Total Additions Including From Business Combinations Property Plant Equipment							178 113	127 974	51 741	3 932	13 646	8 235
Total Assets Less Current Liabilities	2	75 174	46 375	69 914	107 513	22 688	116 634	130 545	101 377	72 852	84 059	76 146
Trade Creditors Trade Payables					73 787	69 377	93 226	148 564	93 753	136 494	98 540	89 168
Trade Debtors Trade Receivables					39 410	11 586	68 863	86 546	79 940	63 406	92 299	83 374
Turnover Revenue					1 894 947	1 438 884
Balances Amounts Owed To Related Parties							20 000	20 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment								9 317	13 869	78 731	1 988
Disposals Property Plant Equipment								117 652	27 646	161 003	3 978
Dividends Paid							60 000
Finance Lease Liabilities Present Value Total								6 250	6 250
Amounts Owed By Associates									78 120	6 120	4 703
Creditors Due After One Year		60 924	43 924	43 924	100 000
Creditors Due Within One Year		3 562	29 765	129 103	112 013
Number Shares Allotted	2	2	2	2	100
Par Value Share	0	0	1	1	1
Share Capital Allotted Called Up Paid	2	2	2	2	100