Midland Systems Limited in Redditch, B97 6DY

Description

Data updated on: 01-11-2023

Midland Systems came into being in 2003 as a company enlisted under no 04677140, located at B97 6DY Redditch at Brunswick House. This company has been in business for twenty one years and its official state is active. This company's SIC code is 62020 which means Information technology consultancy activities. Midland Systems Ltd filed its account information for the financial year up to 2022-07-31. Its most recent annual confirmation statement was filed on 2023-02-25.

At present, there seems to be only one managing director in the company: Peter W. (since 2003-05-21). Since 2003-05-21 Meirion J., had fulfilled assigned duties for this specific firm until the resignation in February 2004. Furthermore a different director, specifically Kevin B. quit in May 2003.

Peter W. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	34 358	81 829	105 237	176 297	260 191	228 003

Balance Sheet
Cash Bank In Hand	62 844	108 077	104 698	203 217	212 274	158 023
Cash Bank On Hand						158 023	137 633	122 667	273 315	315 918	465 789	510 156	585 039
Current Assets	72 995	115 528	137 496	217 839	292 757	254 191	266 880	242 547	374 634	416 139	550 636	634 340	603 636
Debtors	4 651	2 451	27 773	11 122	76 983	92 668	126 247	115 880	97 319	95 021	76 847	119 184	16 597
Net Assets Liabilities							235 627	240 544	337 379	378 141	509 581	617 429	601 726
Property Plant Equipment						2 533	1 728	17 790	14 916	24 158	26 809	23 008	19 263
Stocks Inventory	5 500	5 000	5 025	3 500	3 500	3 500
Tangible Fixed Assets	744	891	1 779	3 495	3 855	2 533
Total Inventories						3 500	3 000	4 000	4 000	5 200	8 000	5 000	2 000

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	34 258	81 729	105 137	176 197	260 091	227 903
Shareholder Funds	34 358	81 829	105 237	176 297	260 191	228 003

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						15 581	13 386	17 724	20 599	25 077	19 422	22 640	26 385
Average Number Employees During Period							1	1	1	1	1	1	1
Creditors						28 721	32 981	16 497	49 406	57 622	65 142	37 624	19 295
Creditors Due Within One Year	39 381	34 590	34 038	45 037	36 421	28 721
Disposals Decrease In Depreciation Impairment Property Plant Equipment							3 000		915		10 456	917
Disposals Property Plant Equipment							3 000		916		10 456	917
Increase From Depreciation Charge For Year Property Plant Equipment							805	4 338	3 790	4 478	4 801	4 134	3 745
Net Current Assets Liabilities	33 614	80 938	103 458	172 802	256 336	225 470	233 899	226 050	325 228	358 517	485 494	596 716	584 341
Number Shares Allotted		100	100	100	100	100
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						18 114	15 114	35 514	35 515	49 235	46 231	45 648
Provisions For Liabilities Balance Sheet Subtotal								3 296	2 765	4 534	2 722	2 295	1 878
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		514	1 471	2 741	2 057
Tangible Fixed Assets Cost Or Valuation	11 331	11 845	13 316	16 057	18 114
Tangible Fixed Assets Depreciation	10 587	10 954	11 537	12 562	14 259	15 581
Tangible Fixed Assets Depreciation Charged In Period		367	583	1 025	1 697	1 322
Total Additions Including From Business Combinations Property Plant Equipment								20 400	917	13 720	7 452	333
Total Assets Less Current Liabilities	34 358	81 829	105 237	176 297	260 191	228 003	235 627	243 840	340 144	382 675	512 303	619 724	603 604