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Midas Travel Management Limited

03619504

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

55 LOUDOUN ROAD, LONDON, NW8 0DL
Incorporated 21/08/1998

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/11/2025

Due 12/12/2026

On track

Industry

79110
Travel agency activities

Officers

Mr David Paul Sullivan

director · Since 21/08/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Persons with Significant Control

Midas Travel Management Holdings Limited

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

55, Loudoun Road, London, NW8 0DL

Reg: 12089548 · England And Wales · Private Company Limited By Shares

Notified 01/10/2019

Former PSCs

Mr Michael Jenkins

Ceased 01/10/2019

Mr David Paul Sullivan

Ceased 01/10/2019

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/09/2019Registered 03/10/2019
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/12/1998Registered 17/12/1998
charge
satisfied

CHARLES O'FARRELL

Created 04/11/1998Registered 07/11/1998Satisfied 03/04/2017

CompanyRankvs 27+ SIC 79110 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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 31/03/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£839k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.1M

Fixed Assets

£8k

Debtors

£1.8M

13avg. employees-1

Tax at Year End(2024)

Corp tax£290k

Balance Sheet

Bank loans & overdrafts£240k
Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.45+£177k
20242.15+£611k
20222.23+£257k
20212.49

Derived from filed accounts. Not audited figures.