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Midas Accountants & Business Consultants Limited

03072059

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ORCHARD PLACE 183 WALSALL ROAD, WALSALL, WS6 6NL
Incorporated 23/06/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69203
Tax consultancy

Officers

Mrs Annette Dwyer

director · Since 01/11/2007

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mrs Julie Keates

secretary · Since 21/12/2018

Mr Brian David Keates

director · Since 21/12/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Miss Anne Marie Cole

director · Since 17/11/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Adbk Holdings Limited

75–100% shares
75–100% votes
Appoint directors

183, Walsall Road, Walsall, WS6 6NL

Reg: 11667726 · Companies House · Limited Company

Notified 21/12/2018

Former PSCs

Mr Leslie David Tonks

Ceased 21/12/2018

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/12/2018Registered 08/01/2019
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/08/2009Registered 26/08/2009
charge
satisfied

MIDLAND BANK PLC

Created 14/09/1999Registered 16/09/1999Satisfied 13/11/2009

CompanyRankvs 7203+ SIC 69201 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7203Midas Accountants & Business Consultants Limited
71
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£269k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£235k

Current Liabilities

£315k

Fixed Assets

£405k

Debtors

£195k

14avg. employees

Balance Sheet

Intangible assets£5k
Assets less current liabilities£325k
Signed by Mrs A Dwyer Mr B D Keates 19 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.74+£78k
20230.77+£93k
20220.91+£23k
20212.01-£1k
20202.01+£22k
20191.24-£36k
20181.46—

Derived from filed accounts. Not audited figures.