{"name":"SIL-MID LIMITED","company_number":"01460851","status":"Active","type":"Private Limited Company","incorporated":"1979-11-13","dissolved":null,"registered_office":"Unit 1 & 2, Roman Park Roman Way, Coleshill, Birmingham, B46 1HG","postcode":"B46 1HG","sic_codes":[{"code":46900,"description":"Non-specialised wholesale trade"}],"principal_activity":"The principal activity of the company continued to be that of distributors of sealants and lubricants.","previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":80,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","profit_loss":3763705,"net_assets":5332289,"cash":492420,"average_employees":80},{"financial_date":"2024-12-31","profit_loss":4537193,"net_assets":9133886,"cash":1193949,"average_employees":72},{"financial_date":"2023-12-31","profit_loss":4804051,"net_assets":8484085,"cash":1608528,"average_employees":69},{"financial_date":"2022-12-31","net_assets":9631969,"cash":3853766},{"financial_date":"2021-12-31","net_assets":8745867,"cash":1607479}],"officers":{"current":4,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":4,"outstanding":4},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"SIL-MID LIMITED is a fundamentally healthy, long-established wholesale distributor with strong implied profitability (approximately £4.54M in 2024) and consistent long-term net asset growth. However, significant cash depletion (down 69% from 2022) and aggressive dividend extraction (£3.89M in 2024, representing 42.6% of shareholders' funds) have reduced liquidity buffers to concerning levels. The prognosis is cautiously positive — the underlying business model is robust and strategically well-directed, but cash reserves must be rebuilt and dividend policy moderated to ensure resilience against future economic shocks.","website":"https://www.silmid.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/sil-mid","people":"https://www.companiesintheuk.co.uk/company/sil-mid/people","filing_history":"https://www.companiesintheuk.co.uk/company/sil-mid/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01460851","financials":"https://www.companiesintheuk.co.uk/company/sil-mid/financial","control":"https://www.companiesintheuk.co.uk/company/sil-mid/control","charges":"https://www.companiesintheuk.co.uk/company/sil-mid/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/sil-mid/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/sil-mid"}