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Midal Cables International Ltd.

03657827

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

SUITE 2 VISTA BUSINESS CENTRE, HOUNSLOW, TW4 6JQ
Incorporated 28/10/1998

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Hamid Al Zayani

director · Since 10/11/1998

DIRECTOR

BAHRAINI · BAHRAIN · Age 77

Mr Rashid Hamid Al Zayani

director · Since 21/03/2018

DIRECTOR

BAHRAINI · BAHRAIN · Age 38

Mr Khaled Abdullatif Mohamed

director · Since 01/05/2024

DIRECTOR

BAHRAINI · BAHRAIN · Age 54

Persons with Significant Control

Former PSCs

Midal Cables Ltd

Ceased 22/11/2022

Midal Cables B.S.C C

Ceased 27/11/2022

CompanyRankvs 10136+ SIC 47990 peers
49

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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10136Midal Cables International Ltd.
55
How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going concern The financial statements for the company have been prepared on a going concern basis. The company had net liabilities of £234,297 at the balance sheet date. This indicates that a materia

Key FinancialsYear ending 31/12/2024

Net Worth

-£234k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£87k

Current Liabilities

£56k

Fixed Assets

£2k

Debtors

£74k

3avg. employees+1

Balance Sheet

Assets less current liabilities£32k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.54+£225k
20230.25—

Derived from filed accounts. Not audited figures.