Midland Systems Limited

Midland Control Systems, based in Cannock, UK, is a small, active company established 38 years ago in 1986. Employing just one person, the business holds £618,254 in assets and operates from a registered address shared by 228 other companies, suggesting a virtual address. Owned and directed by Waldron Peter, the company is a solo founder operation. It’s an irregular importer, bringing in electrical machinery and equipment for two months, with the last import occurring in September 2023.

The company’s website showcases its expertise in designing and installing bespoke automated gate solutions for both residential and commercial properties. They offer a wide range of options, including steel, timber, composite, and clad gates, alongside access control systems and security barriers. Their website highlights a family-run business with a reputation across the Midlands, emphasizing professional service and complete gate automation. They are approved installers for several leading brands and adhere to industry guidelines, offering services ranging from design and installation to maintenance and repair.

Financially, Midland Control Systems presents a mixed picture. While current assets increased slightly to £620,000, net assets remained steady at £600,000. However, bank borrowings surged by 650%, reaching £52,000, and trade debtors ballooned by 390%, suggesting a reliance on customer payments. Creditors also increased by 61%, which could be due to increased stock levels. The company’s small size (meeting two of three conditions for being small) allows for agility, but the increase in debt raises questions. No auditor is mentioned, reflecting its exemption as a small company.

Overall, Midland Control Systems appears to be a stable, albeit debt-reliant, business. Its focus on specialized gate automation and strong brand reputation could help it navigate current financial pressures, but keeping a close eye on cash flow will be important.

Registered in England/Wales under the registration number 04677140, with a registered address at B98 8BP, England, Redditch, 8 Church Green East.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.