Midexco Limited

Midexco Limited is a small, holding company based in Great Yarmouth, UK, with an active status. Founded 51 years ago in May 1974, the company employs five people and holds £656,866 in assets. It operates from a real address and is overseen by three directors and two owners. Midexco is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 307 months of import activity and 117 months of export activity recorded. The last import and export operations occurred in February 2025.

The company’s website, Midcontinent Great Yarmouth, functions as an oilfield supply store, offering a wide range of products including drilling equipment, production supplies, valves, pipes, fittings, pumps, and hoses. It has been serving the oilfield industry for over 40 years, and prides itself on providing high-quality service and expert sales personnel. The website also highlights the company's 85-year heritage, emphasizing its experience and reliability. The business operates from Unit 12, Blackfriars Court, Excalibur Road, Beacon Park, Great Yarmouth Norfolk NR31 7RQ.

Financially, Midexco Limited presents a mixed picture. While cash reserves increased by a significant 56% to £290,000, current assets decreased by 2.4% to £660,000. Trade debtors have fallen considerably, dropping 37% to £210,000, which could reflect improved collection efforts, but also potentially reduced sales. Other creditors have risen sharply, increasing by 910% to £38,000, a large jump that warrants further investigation. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the fluctuating financials suggest ongoing management challenges. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s retained earnings have remained steady, however, the company’s equity has also remained steady.

Registered in England/Wales under the registration number 01168807, with a registered address at NR31 7RQ, United Kingdom, Great Yarmouth, Norfolk, Unit 12, Blackfriars Court Excalibur Road, Beacon Park, Gorleston-On-Sea.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.