MIDWEST CONSTRUCTION LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -67.9%

  £31,410,452 → £10,093,699

  lowest in 3 filed years

• Cash

  -10.4%

  £2,190,319 → £1,962,525

  lowest in 3 filed years

• Net assets

  -0.5%

  £7,082,030 → £7,048,012

• Employees

  -26.7%

  15 → 11

  lowest in 3 filed years

• Operating profit

  -71.3%

  £356,900 → £102,397

  lowest in 3 filed years

• Profit before tax

  -84.3%

  £264,013 → £41,520

  lowest in 3 filed years

• Wages

  -36.5%

  £1,081,117 → £686,920

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. MIDWEST CONSTRUCTION LIMITED 2022-10-03 → present
2. MIDWEST FORMWORK UK LTD 2009-11-12 → 2022-10-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ashford Louis

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have conducted a thorough assessment of the company's ability to continue as a going concern with specific consideration of factors relevant to specialised concrete frame contractors. Based on the company's strong cash position (£1.96 million), absence of external debt, continued profitability, and healthy specialised project pipeline, the directors have concluded that the company has adequate resources to continue in operational existence for the foreseeable future (at least 18 months from the signing date of the financial statements).”

Significant events

• “The company experienced a significant revenue reduction of 67.9% compared to the previous year.”
• “Successfully increased its gross profit margin from 7.64% to 14.85% reflecting a strategic shift toward higher-margin projects.”
• “Maintains strong cash reserves of £1.96 million at year-end, representing 19.44% of annual revenue.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.