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Midas Underwriting Ltd

04040230

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)

Details

QUAY POINT, DONCASTER, DN4 5PL
Incorporated 25/07/2000

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 18/06/2025

Due 02/07/2026

On track

Industry

65120
Non-life insurance

Officers

Ardonagh Corporate Secretary Limited

secretary · Since 27/01/2022

Also on 297 other boards

Mrs Jaime Swindle

director · Since 19/12/2025

BRITISH · UNITED KINGDOM · Age 46

Also on 16 other boards

Mr Andrew Haydn Mintern

director · Since 03/03/2026

BRITISH · UNITED KINGDOM · Age 67

Also on 22 other boards

Persons with Significant Control

Atlanta Mga Holdings Limited

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

Embankment West Tower, 101 Cathedral Approach, Salford, M3 7FB

Reg: 14203043 · Companies House · Limited By Shares

Notified 04/01/2023

Former PSCs

Rdg Midas Holdings (Ni) Limited

Ceased 29/03/2022

Geo Specialty Group Holdings Limited

Ceased 04/01/2023

Charges0 outstanding

Charge
satisfied

ARES MANAGEMENT LIMITED (AS SECURITY AGENT)

Created 31/03/2021Registered 06/04/2021Satisfied 05/09/2023
Charge
satisfied

BANK OF MONTREAL AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 17/02/2017Registered 20/02/2017Satisfied 26/07/2017
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND AS SECURITY TRUSTEE FOR ITSELF AND FOR BANK OF

Created 21/05/2012Registered 28/05/2012Satisfied 31/03/2016

CompanyRankvs 105+ SIC 65120 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees0/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 30/04/2013

Net Worth

Balance sheet strength

Cash

£650k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.9M

Current Liabilities

Fixed Assets

£51k

Debtors

£2.2M

Balance Sheet

Retained earnings-£79k
Share capital£306k
Assets less current liabilities£1.4M