Midwest It Ltd in Tamworth, B79 0HQ

Description

Data updated on: 01-11-2023

Midwest It Ltd has been on the local market for at least thirty six years. Started with registration number 02282481 in the year 1988, the company have office at 80 Austrey Road, Tamworth B79 0HQ. It is recognized as Midwest It Ltd. However, the firm also was listed as Format Five up till it was changed ten years from now. This firm's SIC code is 62090 and their NACE code stands for Other information technology service activities. The company's latest annual accounts describe the period up to Sat, 31st Dec 2022 and the most current annual confirmation statement was filed on Wed, 1st Feb 2023.

Considering this enterprise's growing number of employees, it became unavoidable to appoint extra executives: Anne W. and Peter W. who have been aiding each other since June 1991 to exercise independent judgement of this business. In order to provide support to the directors, the abovementioned business has been using the skills of Anne W. as a secretary.

Previous company's names
Midwest It Ltd 2014-01-23
Format Five Limited 1988-08-01

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
Net Worth	1 002 752	1 154 136	966 336	919 677	834 163

Balance Sheet
Cash Bank On Hand					159 298	172 449	96 821	75 329	103 431	299 507	286 917	301 451
Current Assets	1 169 419	1 263 042	980 716	962 672	893 414	890 111	866 977	790 351	812 489	806 322	766 953	781 257
Debtors	567 212	639 200	145 266	536 917	734 116	717 662	770 156	715 022	709 058	506 815	480 036	479 806
Net Assets Liabilities					834 163	785 695	785 290	784 955	794 087	785 886	752 518	761 457
Other Debtors					553 390	506 460	606 460	669 515	698 577	495 931	480 036	479 806
Property Plant Equipment					7 513	5 635	5 032	3 774	2 578	1 871	1 403	1 829
Cash Bank In Hand	563 380	575 578	774 534	425 755	159 298
Net Assets Liabilities Including Pension Asset Liability	1 002 752	1 154 136	966 336	919 677	834 163
Tangible Fixed Assets	104 230	141 045	82 061	30 914	7 513

Capital & Reserves
Called Up Share Capital	10 000	10 000	10 000	10 000	10 000
Profit Loss Account Reserve	992 752	1 144 136	956 336	909 677	824 163
Shareholder Funds	1 002 752	1 154 136	966 336	919 677	834 163

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal						2 100	2 163
Accumulated Depreciation Impairment Property Plant Equipment					31 651	33 529	35 206	36 464	37 660	38 367	38 835	39 236
Additions Other Than Through Business Combinations Property Plant Equipment												827
Average Number Employees During Period					1	1	2	2
Corporation Tax Payable					1 657	3 098	4 001	1 615	2 401			1 824
Creditors					60 581	107 951	84 556	9 170	20 980	22 307	15 838	21 629
Depreciation Rate Used For Property Plant Equipment								25	25	25	25	25
Fixed Assets	104 230	141 045	82 061	30 914	7 513	5 635	5 032
Increase From Depreciation Charge For Year Property Plant Equipment						1 878		1 258	1 196	707	468	401
Net Current Assets Liabilities	918 850	1 027 357	901 017	894 946	832 833	780 060	782 421	781 181	791 509	784 015	751 115	759 628
Other Creditors					2 100	2 100	3 506	1 793	2 222	3 590	7 016	19 805
Other Taxation Social Security Payable					5 146	40 535	10 203	3 395	4 366	3 176
Property Plant Equipment Gross Cost						39 164		40 238	40 238	40 238	40 238	41 065
Taxation Including Deferred Taxation Balance Sheet Subtotal					6 183
Total Assets Less Current Liabilities	1 023 080	1 168 402	983 078	925 860	840 346	785 695	787 453	784 955	794 087	785 886	752 518	761 457
Trade Creditors Trade Payables					51 678	64 318	69 009	2 367	11 991	15 541	8 822
Trade Debtors Trade Receivables					180 726	211 202	163 696	45 507	10 481	10 884
Advances Credits Directors							1 253	8	382	1 695	4 986
Advances Credits Made In Period Directors								3 818	374	1 313	25 000
Advances Credits Repaid In Period Directors							1 253	2 573			28 291
Creditors Due Within One Year	250 569	235 685	79 699	67 726	60 581
Current Asset Investments	38 827	48 264	60 916
Number Shares Allotted		10 000	10 000	10 000	10 000
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	20 328	14 266	16 742	6 183	6 183
Share Capital Allotted Called Up Paid	10 000	10 000	10 000	10 000	10 000
Tangible Fixed Assets Additions		83 830	1 463	3 895
Tangible Fixed Assets Cost Or Valuation	226 355	310 185	229 279	92 164	39 164
Tangible Fixed Assets Depreciation	122 125	169 140	147 218	61 250	31 651
Tangible Fixed Assets Depreciation Charged In Period		47 015	28 562	9 006	7 728
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			50 484	94 974	37 327
Tangible Fixed Assets Disposals			82 369	141 010	53 000

Company staff

Anne W.

Role: Secretary

Latest update: 26 March 2024

Anne W.

Role: Director

Appointed: 04 June 1991

Latest update: 26 March 2024

Peter W.

Role: Director

Appointed: 04 June 1991

Latest update: 26 March 2024

People with significant control

Executives who control the firm include: Peter W. owns 1/2 or less of company shares. Anne-Marie W. owns 1/2 or less of company shares.

Peter W.

Notified on 24 August 2016

Nature of control:

1/2 or less of shares

Anne-Marie W.

Notified on 24 August 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	15 February 2024
Confirmation statement last made up date	01 February 2023

Annual Accounts 26 September 2013
Start Date For Period Covered By Report	2012-01-01
End Date For Period Covered By Report	2012-12-31
Date Approval Accounts	26 September 2013
Annual Accounts 23 September 2014
Start Date For Period Covered By Report	2013-01-01
End Date For Period Covered By Report	2013-12-31
Date Approval Accounts	23 September 2014
Annual Accounts 29 September 2015
Start Date For Period Covered By Report	2014-01-01
End Date For Period Covered By Report	2014-12-31
Date Approval Accounts	29 September 2015
Annual Accounts 28 September 2016
Start Date For Period Covered By Report	2015-01-01
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	28 September 2016
Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	31 December 2022

Midwest It Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Anne W.

Anne W.

Peter W.

People with significant control

Peter W.

Anne-Marie W.

Accounts Documents

Company filings

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