midtherm heating limited

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midtherm heating limited Company Information

Share MIDTHERM HEATING LIMITED

Company Number

01444021

Shareholders

midtherm flue systems ltd

Group Structure

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Industry

Non-trading company

 

Registered Address

midtherm house, midtherm business park, netherton, west midlands, DY2 8SY

midtherm heating limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MIDTHERM HEATING LIMITED at £0 based on a Turnover of £0 and 0.58x industry multiple (adjusted for size and gross margin).

midtherm heating limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MIDTHERM HEATING LIMITED at £0 based on an EBITDA of £-15 and a 4.1x industry multiple (adjusted for size and gross margin).

midtherm heating limited Estimated Valuation

£405

Pomanda estimates the enterprise value of MIDTHERM HEATING LIMITED at £405 based on Net Assets of £300 and 1.35x industry multiple (adjusted for liquidity).

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Midtherm Heating Limited Overview

Midtherm Heating Limited is a live company located in netherton, DY2 8SY with a Companies House number of 01444021. It operates in the non-trading company sector, SIC Code 74990. Founded in August 1979, it's largest shareholder is midtherm flue systems ltd with a 100% stake. Midtherm Heating Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Midtherm Heating Limited Health Check

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Health Rating0out of 5
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0 Strong

positive_score

0 Regular

positive_score

0 Weak

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Production

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Profitability

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Employees

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Pay Structure

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Efficiency

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Debtor Days

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Cash Balance

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MIDTHERM HEATING LIMITED financials

EXPORTms excel logo

Midtherm Heating Limited's latest turnover from June 2024 is estimated at 0 and the company has net assets of £300. According to their latest financial statements, we estimate that Midtherm Heating Limited has no employees and maintains cash reserves of £300 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover000000000000000
Other Income Or Grants000000000000000
Cost Of Sales000000000000000
Gross Profit000000000000000
Admin Expenses16154000000000000
Operating Profit-16-15-4000000000000
Interest Payable000000000000000
Interest Receivable16154000000000000
Pre-Tax Profit000000000000000
Tax000000000000000
Profit After Tax000000000000000
Dividends Paid000000000000000
Retained Profit000000000000000
Employee Costs000000000000000
Number Of Employees000000000000000
EBITDA*-16-15-4000000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash3003003003003000000000000
misc current assets000000000000000
total current assets3003003003003000000000000
total assets3003003003003000000000000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000000000000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities000000000000000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities000000000000000
net assets3003003003003000000000000
total shareholders funds3003003003003000000000000
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-16-15-4000000000000
Depreciation000000000000000
Amortisation000000000000000
Tax000000000000000
Stock000000000000000
Debtors000000000000000
Creditors000000000000000
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-16-15-4000000000000
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00003000000000000
interest16154000000000000
cash flow from financing1615403000000000000
cash and cash equivalents
cash00003000000000000
overdraft000000000000000
change in cash00003000000000000

midtherm heating limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Midtherm Heating Limited Competitor Analysis

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Perform a competitor analysis for midtherm heating limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in DY2 area or any other competitors across 12 key performance metrics.

midtherm heating limited Ownership

MIDTHERM HEATING LIMITED group structure

Midtherm Heating Limited has no subsidiary companies.

Ultimate parent company

1 parent

MIDTHERM HEATING LIMITED

01444021

MIDTHERM HEATING LIMITED Shareholders

midtherm flue systems ltd 100%

midtherm heating limited directors

Midtherm Heating Limited currently has 2 directors. The longest serving directors include Mr Raymond Andrews (Apr 1992) and Mrs Mary Andrews (Apr 1992).

officercountryagestartendrole
Mr Raymond Andrews80 years Apr 1992- Director
Mrs Mary AndrewsEngland73 years Apr 1992- Director

P&L

June 2024

turnover

0

0%

operating profit

-15.8

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

300

0%

total assets

300

0%

cash

300

0%

net assets

Total assets minus all liabilities

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midtherm heating limited company details

company number

01444021

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

August 1979

age

46

incorporated

UK

ultimate parent company

accounts

Dormant

last accounts submitted

June 2024

previous names

raytube limited (November 2015)

abs raytube limited (July 2000)

accountant

-

auditor

-

address

midtherm house, midtherm business park, netherton, west midlands, DY2 8SY

Bank

-

Legal Advisor

-

midtherm heating limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 1 charges/mortgages relating to midtherm heating limited. Currently there are 0 open charges and 1 have been satisfied in the past.

midtherm heating limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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midtherm heating limited Companies House Filings - See Documents

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