Midwest IT Ltd
Registered name: MIDWEST IT LTD
Midwest IT Ltd made £5.6k revenue and £365 profit in the year to 31 Dec 2025.
Midwest IT Ltd’s revenue fell 50% to £5.6k in the year to 31 Dec 2025, with £365 profit and 0 employees. The company is classified under “other information technology service activities” and is based in Tamworth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Tamworth, West Midlands
- Age
- 38 yrs · since 1988
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11.2k | £5.6k |
| Profit after tax | — | — | £5.1k | £365 |
| Profit (best available) | — | — | £5.1k | £365 |
| Employees (average) | — | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | — | 45.6% | 6.5% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼49.8% |
| Profit growth | — | — | — | ▼92.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £301k | £97.2k | £4.5k | — |
| Net assets | £761k | £772k | £713k | £713k |
| Fixed assets | £1.8k | £1.4k | £1k | £772 |
| Current assets | £781k | £751k | £716k | £715k |
| Debtors | £480k | £654k | £711k | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼0%
- Now £713k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £772
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £365), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.