Midas Technical Solutions Limited
03686861
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 11/07/2025
Due 25/07/2026
Industry
Officers
Persons with Significant Control
Miss Meena Sagoo
British · United Kingdom · Age 61
Devonshire House, 582 Honeypot Lane, Stanmore, HA7 1JS
Notified 01/07/2016
Charges0 outstanding
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LESLIE WILLIAM JOHN CUSHWAY AND JEAN MARGARET CUSHWAY AND WILLIAM CUSHWAY
CompanyRankvs 1419+ SIC 62011 peers63
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£127k
Balance sheet strength
Cash
£831k
Cash in the bank
Net Current Assets
£617k
Working capital
Current Assets
£909k
Current Liabilities
£292k
Fixed Assets
£2k
Debtors
£78k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.11 | -£97k |
| 2024 | 0.02 | +£209k |
| 2023 | 0.05 | -£59k |
| 2022 | 0.11 | -£46k |
| 2021 | 0.30 | -£65k |
| 2020 | 0.81 | -£103k |
| 2019 | 3.39 | +£21k |
| 2018 | 0.74 | — |
Derived from filed accounts. Not audited figures.