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Midas Telecom Limited

04062299

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

TOP FLOOR 5 PEMBROKE ROAD, BRISTOL, BS8 3AU
Incorporated 30/08/2000

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 01/09/2025

Due 15/09/2026

On track

Industry

55900
Other accommodation
61900
Other telecommunications activities
62090
Other information technology service activities
77400
Leasing of intellectual property and similar products

Officers

Christopher James Clark

director · Since 30/08/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 6 other boards

Persons with Significant Control

Mr Christopher James Clark

75–100% shares

British · England · Age 59

Top Floor 5, Pembroke Road, Bristol, BS8 3AU

Notified 21/09/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 18/06/2003Registered 24/06/2003
charge
satisfied

HSBC BANK PLC

Created 13/06/2003Registered 18/06/2003Satisfied 06/09/2017

CompanyRankvs 3970+ SIC 55900 peers
52

Financial strength69th percentile among SIC peers · 17/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.12× · 2/20
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 strength17/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/07/2024

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£305k

Working capital

Current Assets

£42k

Current Liabilities

£347k

Fixed Assets

£288k

0avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£6k
20230.44+£6k
20220.36+£3k
20210.45-£3k
20200.18-£3k
20190.02-£20k
20180.05

Derived from filed accounts. Not audited figures.