Firmoscan
Active15871597Private limited companyLichfield

IDLE MINDS LTD

Significant control: Douglas Iain Rankin (75–100%)

Companies HouseCompanies House

From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms

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What does Idle Minds Ltd sell?

Registered activity: Engineering design activities for industrial process and production (SIC 71121). We’re building product and service lists for UK companies. Get this one when it’s ready.

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01

Summary

Generated from filed data · no estimates

IDLE MINDS LTD is an active private limited company (company number 15871597) incorporated on 2 August 2024, registered in Lichfield. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £18k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public.

Peer position · net assets

By net assets it sits in the upper half of 222 comparable companies in Birmingham (median £3,595, upper quartile £25k).

02

Ownership and control

1 active
  • Mr Douglas Iain Rankin
    Individual · since 2 August 2024
    • owns 75–100% of shares
    • holds 75–100% of voting rights
    • can appoint or remove directors

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.

03

Key dates

Incorporated
2 August 20242 yrs ago
Next accounts due
31 May 2027in 219 days
Confirmation statement due
16 August 2027in 296 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

04

Activity

SIC 71121
Engineering design activities for industrial process and production
SIC 71122
Engineering related scientific and technical consulting activities
SIC 71129
Other engineering activities
SIC 71200
Technical testing and analysis
Accounts type
Micro Entity
Size band
MicroCompanies Act thresholds
05

Financials

1 period on record · latest ending 31 August 2025
Net assets
£18k
1 period on record
Cash at bank
Not reported
Turnover
Not disclosed
Employees
1
1 period on record
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 August 2025£18k——£6,305——1
Current ratio3.5Current assets ÷ creditors within one year

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

06

Filing and accounts signals

Facts from the register · no rating
  • Net assets above zeroNet assets £17,929 at 31 August 2025
  • Current assets at least 1.5× creditors within one yearCurrent ratio 3.5
  • Incorporated two to five years agoIncorporated 2 August 2024

Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.

07

Timeline

Newest first
  1. Confirmation statement duein 296 days
  2. Next accounts duein 219 days
  3. Accounts period endNet assets £18k · micro accounts
  4. Incorporated
08

Similar companies in Birmingham

Same activity (engineering design activities for industrial process and production), closest in incorporation date

All companies incorporated on 2 August 2024 · in Aug 2024.

09

Reminders for IDLE MINDS LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.

Source: Companies House register, snapshot 2026-08-31; accounts from the Companies House accounts data product. Open Government Licence v3.0. View on Companies House. Methodology · About · Markdown.

This information comes from public filings and our automated processing of them. It may contain errors, be incomplete or be out of date, and is not advice or a credit reference. Check the official record before relying on it. Terms · Privacy · Report an error (corrected within one working day).