Midwest Precast Limited
- Active
- Small
- 9 years
- 6 employees
- £3,000,590 (cur assets)
- 1m-15m
- Regular importer
- Irregular exporter
- Real address
- 2 directors
- 2 owners
- Family business
- Kingsbury, London,
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Midwest Precast Ltd from Kingsbury, London, UK is a small, active company founded eight years ago. It holds £3,392,799 in assets and operates as a family business with two directors and two owners. The company is a regular importer of iron and steel, having imported for nine months, with the most recent import occurring in October 2024. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
The company operates in the specialised construction activities industries. Its website is currently unavailable, making it difficult to assess its online presence and e-commerce activities.
Financially, Midwest Precast Ltd shows some interesting trends. Accumulated depreciation on plant and machinery has increased by 68%, suggesting ongoing investment in equipment. Cash reserves have seen a significant boost, rising by 530% to £1,800,000—a positive sign. However, trade debtors have decreased by 26%, which could indicate slower customer payments. Creditors have also risen by 13%, and other creditors have increased dramatically by 1700%, which might be a temporary issue. The company's net assets have increased by 24%, and net current assets have also increased by 270%. The company's total assets less current liabilities have also increased by 24%.
The company's financial data suggests a period of investment and growth, but also highlights potential challenges in managing debt and collecting payments. The lack of an auditor mentioned likely reflects its status as a small company exempt from mandatory auditing. The company’s small size and family ownership structure likely contribute to its agility, but the financial figures warrant close monitoring.
Registered in England/Wales under the registration number 10389924, with a registered address at NW9 8TZ, United Kingdom, Kingsbury, London,, C/O Psb Accountants Ltd, Jubilee House, Townsend Lane,.
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.
Owners & PSC
-
Individual
- 9 years
- 2
- psc
-
Resident of United Kingdom
-
Individual
- 9 years
- 2
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 9 years
- 2
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Director's details changed for Mr Martin Thomas Corcoran on 2025-11-06Download 2 pages pdf report
-
Director's details changed for Mr Shane Corcoran on 2025-11-06Download 2 pages pdf report
-
Confirmation statement made on 2025-09-01 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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