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MIDLAND CORROSION SERVICES LTD. Financials

Company number
04259561Copy
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Registered office
Stancliffe House Whitworth Road, Darley Dale, Matlock DE4 2HJ
Incorporated
26/07/2001

Company snapshot

Status
Active
Employees
5 (2025)
Latest financial data
2025
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£79.48K2025
75.10%vs 2024

2024: £45.39K

Total Assets

£124.61K2025
58.38%vs 2024

2024: £78.68K

Cash in Bank

£67.20K2025
56.06%vs 2024

2024: £43.06K

Total Liabilities

£37.81K2025
46.03%vs 2024

2024: £25.89K

Employees

52025
0vs 2024

2024: 5

In 2025, MIDLAND CORROSION SERVICES LTD. reported net assets of £79.48K. The same filing shows total assets of £124.61K, cash in bank of £67.20K and total liabilities of £37.81K. Reported headcount was 5 in 2025. Total Assets rose from £78.68K in 2024 to £124.61K in 2025 (58.38%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£79.48K2025
75.10%from £45.39K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures MIDLAND CORROSION SERVICES LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£104.04K2023£79.48K2025
-23.6%vs 2023

-12.6% a year compound (CAGR)

Cash in Bank

£78.49K2023£67.20K2025
-14.4%vs 2023

-7.5% a year compound (CAGR)

Total Assets

£126.16K2023£124.61K2025
-1.2%vs 2023

-0.6% a year compound (CAGR)

Total Liabilities

£12.73K2023£37.81K2025
+197%vs 2023

+72.3% a year compound (CAGR)

Employees

5202352025
0%vs 2023

Biggest increase

Total Liabilities+197%

£12.73K in 2023 to £37.81K in 2025

Biggest decrease

Net Assets-23.6%

£104.04K in 2023 to £79.48K in 2025

MIDLAND CORROSION SERVICES LTD.'s filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MIDLAND CORROSION SERVICES LTD.'s own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
63.78%2025

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
30.35%2025

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
177.71%2025

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
53.93%2025

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MIDLAND CORROSION SERVICES LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£86.07K93.65K104.04K45.39K79.48K
Total Assets£122.84K120.28K126.16K78.68K124.61K
Cash in Bank£53.43K40.53K78.49K43.06K67.20K
Total Liabilities£24.30K14.49K12.73K25.89K37.81K
Employees55555

MIDLAND CORROSION SERVICES LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Has MIDLAND CORROSION SERVICES LTD. filed financial statements?

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Yes. Okredo holds filed figures for MIDLAND CORROSION SERVICES LTD. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did MIDLAND CORROSION SERVICES LTD. report in 2025?

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MIDLAND CORROSION SERVICES LTD. reported net assets of £79.48K for 2025. That compares with £45.39K in 2024, a change of 75.10%.

What total assets did MIDLAND CORROSION SERVICES LTD. report in 2025?

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MIDLAND CORROSION SERVICES LTD. reported total assets of £124.61K for 2025. That compares with £78.68K in 2024, a change of 58.38%.

What cash in bank did MIDLAND CORROSION SERVICES LTD. report in 2025?

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MIDLAND CORROSION SERVICES LTD. reported cash in bank of £67.20K for 2025. That compares with £43.06K in 2024, a change of 56.06%.

How many people does MIDLAND CORROSION SERVICES LTD. employ?

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MIDLAND CORROSION SERVICES LTD. reported 5 employees in 2025, compared with 5 in 2024.

How have MIDLAND CORROSION SERVICES LTD. financials changed over the last 3 years?

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Between 2023 and 2025, MIDLAND CORROSION SERVICES LTD.'s net assets fell by 23.6%, cash in bank fell by 14.4%, total assets fell by 1.2% and total liabilities rose by 197%. Net assets contracted at 12.6% a year across the two years to 2025, from £104.04K to £79.48K. Reported headcount went from 5 in 2023 to 5 in 2025.

Which years of MIDLAND CORROSION SERVICES LTD. financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.