# MIDLANDS EQUIPMENT LTD (08852513)

> MIDLANDS EQUIPMENT LTD is an active private limited company (company number 08852513) incorporated on 20 January 2014, registered in Derby. Its registered activity is sale of other motor vehicles (SIC 45190). Latest small accounts cover the period ending 31 January 2025, showing net assets of −£13k and cash of £86k, with 2 employees on average. Net assets fell 526% on the prior period (£3,135).

- Status: Active
- Incorporated: 2014-01-20
- Registered office: Derby, DE24 8HG
- SIC 45190: Sale of other motor vehicles
- SIC 46610: Wholesale of agricultural machinery, equipment and supplies
- SIC 46690: Wholesale of other machinery and equipment
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-02-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,791 comparable companies in the UK (median £7,106, upper quartile £157k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | −£13k | £86k | £4,623 | £210k | — | −£16k | 2 |
| 2024-01-31 | £3,135 | £30k | £6,279 | £185k | — | −£28k | 2 |
| 2023-01-31 | — | — | — | — | — | — | — |

current ratio 0.8; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-13,362 at 31 January 2025
- Net assets down 25% or more on the prior period: -526.2% vs prior period
- Current assets below creditors within one year: Current ratio 0.8
- Cash at bank of £50,000 or more: Cash £85,510
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 20 January 2014

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Christopher John Cadman — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2017-05-10

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/08852513
HTML: https://firmoscan.com/company/08852513-midlands-equipment-ltd