MIRA
INFORM REPORT
|
Report Date : |
21.01.2008 |
IDENTIFICATION
DETAILS
|
Name : |
MIDSTEEL PIPELINE LIMITED |
|
|
|
|
Formerly Known As : |
MIDSTEEL BARNS LTD |
|
|
|
|
Registered Office : |
Building 67, Third Avenue, Pensnett Trading Estate, Kingswinford,
Staffordshire, DY6 7FA |
|
|
|
|
Country : |
United Kingdom |
|
|
|
|
Date of Incorporation : |
24.02.2006 |
|
|
|
|
Com. Reg. No.: |
05721701 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Suppliers of
Products and Services for the Oil, Gas, Petrochemical, Process and Power
Generation Industries. |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
Maximum Credit Limit : |
£2,250 |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
name of the company
MIDSTEEL PIPELINE LIMITED
Identification
|
Company Number |
1961172 |
|
Registered
Number |
05721701 |
|
Registered Name |
MIDSTEEL PIPELINE LIMITED |
|
Previous Reg
Name(s) |
MIDSTEEL BARS LTD until 12/09/2006 |
|
Enquired As |
MIDSTEEL PIPELINE LIMITED |
|
SIC Code |
60300, Transport via pipelines |
|
Status |
Live (Trading accounts yet to be filed) |
|
|
|
|
Trading Address |
BUILDING 67, THIRD AVENUE, PENSNETT TRADING ESTATE, KINGSWINFORD,
STAFFORDSHIRE, DY6 7FA |
|
Telephone Number |
01384 400290 |
|
Website |
www.midsteelgroup.com |
|
|
|
|
Registered
Office |
BUILDING 67, THIRD AVE, PENSNETT TRADING ESTATE, KINGSWINFORD, WEST
MIDLANDS DY6 7FA, DY6 7FA |
|
Incorporation
Date |
24/02/2006 |
|
Issued Capital
(£) |
250,000 |
|
Date of Analysed
Accounts |
//- |
|
Date of Analysed
Annual Return |
24/02/2007 |
|
Date of Latest
Annual Return |
24/02/2007 |
|
Company is |
Not Analysed |
|
Insolvency
Proceedings |
No |
|
Winding Up
Petitions |
No |
Verbal Confirmation
No Answer
Address Confirmation
The current address has been confirmed
CCJs
Summary
Total value of unsatisfied exact
match CCJs for the last 6 years = £0
Total value of unsatisfied probable match CCJs for the last 6 years = £0
Total value of unsatisfied possible match CCJs for the last 6 years = £0
Secretaries
ALAN DAVID STREET
|
|
|
|
Name |
ALAN DAVID STREET |
|
Appointment Date |
04/12/2006 |
|
Date of Birth |
14/07/1950 |
|
Occupation/Function |
FINANCIAL DIRECTOR |
|
Address |
12 THE HEATHLANDS COPPERFIELDS, WOMBOURNE, WOLVERHAMPTON, WEST
MIDLANDS, WV5 8HF |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
16 |
|
Live
Directorships of Dissolved Companies |
15 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
31 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
MIDSTEEL STOCKHOLDERS LIMITED |
|
01067986 |
Non-Trading |
|
MIDSTEEL STOCKHOLDERS LIMITED |
|
01067986 |
Non-Trading |
|
PROSPER (2006) LIMITED |
|
01314153 |
Non-Trading |
|
PROSPER (2006) LIMITED |
|
01314153 |
Non-Trading |
|
MIDSTEEL GROUP LIMITED |
|
02508457 |
Large Unquoted |
|
MIDSTEEL GROUP LIMITED |
|
02508457 |
Large Unquoted |
|
MIDSTEEL NORTHERN LIMITED |
|
02662015 |
Large Unquoted |
|
MIDSTEEL NORTHERN LIMITED |
|
02662015 |
Large Unquoted |
|
PROSPER DISTRIBUTION LIMITED |
|
05285967 |
Large Unquoted |
|
PROSPER DISTRIBUTION LIMITED |
|
05285967 |
Large Unquoted |
|
MIDSTEEL PIPELINE LIMITED |
|
05721701 |
Not analysed |
|
MIDSTEEL PIPELINE LIMITED |
|
05721701 |
Not analysed |
|
MIDSTEEL BARS LIMITED |
|
05818012 |
Not analysed |
|
MIDSTEEL BARS LIMITED |
|
05818012 |
Not analysed |
|
MIDSTEEL FLANGES AND FITTINGS LTD |
|
05818404 |
Not analysed |
|
MIDSTEEL FLANGES AND FITTINGS LTD |
|
05818404 |
Not analysed |
|
MIDSTEEL LIMITED |
|
01175790 |
Dissolved |
|
MIDSTEEL LIMITED |
|
01175790 |
Dissolved |
|
CHARISMAN LIMITED |
|
01968261 |
Dissolved |
|
CHARISMAN LIMITED |
|
01968261 |
Dissolved |
|
MIDSTEEL STUDBOLTS LIMITED |
|
01992069 |
Dissolved |
|
MIDSTEEL STUDBOLTS LIMITED |
|
01992069 |
Dissolved |
|
PLATESTOCK (STEELS) LIMITED |
|
02587953 |
Dissolved |
|
PLATESTOCK (STEELS) LIMITED |
|
02587953 |
Dissolved |
|
MIDSTEEL BARS LIMITED |
|
02705329 |
Dissolved |
|
MIDSTEEL BARS LIMITED |
|
02705329 |
Dissolved |
|
OPTIMISTIC COMMERCE LIMITED |
|
03067485 |
Dissolved |
|
OPTIMISTIC COMMERCE LIMITED |
|
03067485 |
Dissolved |
|
SECTORSCAN LIMITED |
|
03612152 |
Dissolved |
|
SECTORSCAN LIMITED |
|
03612152 |
Dissolved |
|
MIDSTEEL HYDROBOLT LIMITED |
|
05443524 |
Dissolved |
Directors
ALAN DAVID STREET
|
|
|
|
Name |
ALAN DAVID STREET |
|
Appointment Date |
24/02/2006 |
|
Date of Birth |
14/07/1950 |
|
Occupation/Function |
COMPANY DIRECTOR |
|
Address |
12 THE HEATHLANDS COPPERFIELDS, WOMBOURNE, WOLVERHAMPTON, WEST
MIDLANDS, WV5 8HF |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
16 |
|
Live
Directorships of Dissolved Companies |
15 |
|
Live Directorships
of Insolvent Companies |
0 |
|
Total
Directorships |
31 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
MIDSTEEL STOCKHOLDERS LIMITED |
|
01067986 |
Non-Trading |
|
MIDSTEEL STOCKHOLDERS LIMITED |
|
01067986 |
Non-Trading |
|
PROSPER (2006) LIMITED |
|
01314153 |
Non-Trading |
|
PROSPER (2006) LIMITED |
|
01314153 |
Non-Trading |
|
MIDSTEEL GROUP LIMITED |
|
02508457 |
Large Unquoted |
|
MIDSTEEL GROUP LIMITED |
|
02508457 |
Large Unquoted |
|
MIDSTEEL NORTHERN LIMITED |
|
02662015 |
Large Unquoted |
|
MIDSTEEL NORTHERN LIMITED |
|
02662015 |
Large Unquoted |
|
PROSPER DISTRIBUTION LIMITED |
|
05285967 |
Large Unquoted |
|
PROSPER DISTRIBUTION LIMITED |
|
05285967 |
Large Unquoted |
|
MIDSTEEL PIPELINE LIMITED |
|
05721701 |
Not analysed |
|
MIDSTEEL PIPELINE LIMITED |
|
05721701 |
Not analysed |
|
MIDSTEEL BARS LIMITED |
|
05818012 |
Not analysed |
|
MIDSTEEL BARS LIMITED |
|
05818012 |
Not analysed |
|
MIDSTEEL FLANGES AND FITTINGS LTD |
|
05818404 |
Not analysed |
|
MIDSTEEL FLANGES AND FITTINGS LTD |
|
05818404 |
Not analysed |
|
MIDSTEEL LIMITED |
|
01175790 |
Dissolved |
|
MIDSTEEL LIMITED |
|
01175790 |
Dissolved |
|
CHARISMAN LIMITED |
|
01968261 |
Dissolved |
|
CHARISMAN LIMITED |
|
01968261 |
Dissolved |
|
MIDSTEEL STUDBOLTS LIMITED |
|
01992069 |
Dissolved |
|
MIDSTEEL STUDBOLTS LIMITED |
|
01992069 |
Dissolved |
|
PLATESTOCK (STEELS) LIMITED |
|
02587953 |
Dissolved |
|
PLATESTOCK (STEELS) LIMITED |
|
02587953 |
Dissolved |
|
MIDSTEEL BARS LIMITED |
|
02705329 |
Dissolved |
|
MIDSTEEL BARS LIMITED |
|
02705329 |
Dissolved |
|
OPTIMISTIC COMMERCE LIMITED |
|
03067485 |
Dissolved |
|
OPTIMISTIC COMMERCE LIMITED |
|
03067485 |
Dissolved |
|
SECTORSCAN LIMITED |
|
03612152 |
Dissolved |
|
SECTORSCAN LIMITED |
|
03612152 |
Dissolved |
|
MIDSTEEL HYDROBOLT LIMITED |
|
05443524 |
Dissolved |
MARTIN GUY BOULTER
|
|
|
|
Name |
MARTIN GUY BOULTER |
|
Appointment Date |
24/02/2006 |
|
Date of Birth |
19/02/1960 |
|
Occupation/Function |
DIRECTOR |
|
Address |
10 FAIRLIGHT DRIVE, BARNT GREEN, BIRMINGHAM, WEST MIDLANDS, B45 8TB |
|
Previous Filed
Address |
1B BITTELL LANE, BARNT GREEN, BIRMINGHAM, WEST MIDLANDS, B45 8NS |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
8 |
|
Live
Directorships of Dissolved Companies |
7 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total Directorships |
15 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
MIDSTEEL STOCKHOLDERS LIMITED |
|
01067986 |
Non-Trading |
|
PROSPER (2006) LIMITED |
|
01314153 |
Non-Trading |
|
MIDSTEEL GROUP LIMITED |
|
02508457 |
Large Unquoted |
|
MIDSTEEL NORTHERN LIMITED |
|
02662015 |
Large Unquoted |
|
PROSPER DISTRIBUTION LIMITED |
|
05285967 |
Large Unquoted |
|
MIDSTEEL PIPELINE LIMITED |
|
05721701 |
Not analysed |
|
MIDSTEEL BARS LIMITED |
|
05818012 |
Not analysed |
|
MIDSTEEL FLANGES AND FITTINGS LTD |
|
05818404 |
Not analysed |
|
MIDSTEEL LIMITED |
|
01175790 |
Dissolved |
|
CHARISMAN LIMITED |
|
01968261 |
Dissolved |
|
MIDSTEEL STUDBOLTS LIMITED |
|
01992069 |
Dissolved |
|
PLATESTOCK (STEELS) LIMITED |
|
02587953 |
Dissolved |
|
MIDSTEEL BARS LIMITED |
|
02705329 |
Dissolved |
|
OPTIMISTIC COMMERCE LIMITED |
|
03067485 |
Dissolved |
|
SECTORSCAN LIMITED |
|
03612152 |
Dissolved |
GRAHAM STRACHAN ROBINSON LAMB
|
|
|
|
Name |
GRAHAM STRACHAN ROBINSON LAMB |
|
Appointment Date |
19/10/2007 |
|
Date of Birth |
18/11/1951 |
|
Occupation/Function |
DIRECTOR |
|
Address |
IBSTOCK HOUSE 6 OWLETTS END, PINVIN,
PERSHORE, WORCESTERSHIRE, WR10 2EX |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
1 |
|
Live
Directorships of Dissolved Companies |
0 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
1 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
BLOCKLEY NURSERY SCHOOL LIMITED |
|
05091473 |
Small Unquoted |
CHRISTOPHER JOHN FISHER
|
|
|
|
Name |
CHRISTOPHER JOHN FISHER |
|
Appointment Date |
19/06/2006 |
|
Date of Birth |
18/01/1950 |
|
Occupation/Function |
SALES EXECUTIVE |
|
Address |
9 DIPPONS MILL, TETTENHALL WOOD, WOLVERHAMPTON, WEST MIDLANDS, WV6 8HH |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
2 |
|
Live
Directorships of Dissolved Companies |
0 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total Directorships |
2 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
MIDSTEEL PIPELINE LIMITED |
|
05721701 |
Not analysed |
|
MIDSTEEL FLANGES AND FITTINGS LTD |
|
05818404 |
Not analysed |
MARK IAN REDDING
|
|
|
|
Name |
MARK IAN REDDING |
|
Appointment Date |
19/06/2006 |
|
Date of Birth |
30/06/1962 |
|
Occupation/Function |
SALES EXECUTIVE |
|
Address |
16 MONTPELLIER GARDENS, MILKING BANK, DUDLEY, WEST MIDLANDS, DY1 2UQ |
|
Previous Filed
Address |
25 PAUL STREET, COSELEY, WEST MIDLANDS, WV14 9AJ |
|
Disqualified
Director |
No |
|
Live
Directorships of Solvent Companies |
2 |
|
Live
Directorships of Dissolved Companies |
0 |
|
Live
Directorships of Insolvent Companies |
0 |
|
Total
Directorships |
2 |
Directorships
|
Company |
Type |
Reg. no. |
Status |
|
MIDSTEEL PIPELINE LIMITED |
|
05721701 |
Not analysed |
|
MIDSTEEL FLANGES AND FITTINGS LTD |
|
05818404 |
Not analysed |
Ownership
HOLDING AND ULTIMATE HOLDING COMPANY
|
|
|
|
Holding Company |
MIDSTEEL GROUP LIMITED, 02508457 |
SHARE CAPITAL STRUCTURE
|
Class of Shares |
Par Value
(pence) |
Number of Shares |
Issued Capital |
|
ORDINARY |
100 |
250,000 |
£250,000 |
SHAREHOLDERS
|
Shareholder Name & Address |
Class of Shares |
Number of Shares |
Issued Capital |
Shareholding
Number |
|
MIDSTEEL GROUP LIMITED |
ORDINARY |
250,000 |
£250,000 |
1 |
Key Financial Information
PROFIT AND LOSS ACCOUNT
No accounts filed
BALANCE SHEET
No accounts filed
KEY RATIOS
No accounts filed
Key Filings
|
Date |
Description |
|
16/11/2007 |
Change among the directors of a company |
|
16/08/2006 |
Alteration in memorandum or articles of association |
|
11/08/2006 |
Particulars of a mortgage or charge |
Credit History
There is no Credit History for MIDSTEEL PIPELINE LIMITED
recorded in the Database
Trade References
There are no Trade References for MIDSTEEL PIPELINE LIMITED
Assessors Notes
Number of Employees: Unconfirmed
We have been unable to confirm if the subject operate with other suppliers on a
credit basis.
Conclusion
We would recommend a maximum credit limit of £2,250
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)