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Midas (Euro) Limited

04502007

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

BRIDGE HOUSE, COVENTRY, CV6 4AD
Incorporated 02/08/2002

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 13/07/2025

Due 27/07/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Alkeshbhai Navinbhai Bhatt

secretary · Since 10/08/2002

DIRECTOR / SECRETARY

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Mr Alkeshbhai Navinbhai Bhatt

director · Since 10/08/2002

DIRECTOR / SECRETARY

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Mrs Daksha Alkeshbhai Bhatt

director · Since 10/08/2002

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Persons with Significant Control

Mr Alkeshbhai Navinbhai Bhatt

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 56

505, Halliwell Road, Lancashire, BL1 8DB

Notified 02/08/2016

Mrs Daksha Alkeshbhai Bhatt

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 51

505, Halliwell Road, Bolton, BL1 8DB

Notified 12/07/2021

CompanyRankvs 10340+ SIC 47110 peers
55

Financial strength40th percentile among SIC peers · 10/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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10340Midas (Euro) Limited
51
How is this score calculated?
Financial strength10/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/08/2025

Net Worth

£3k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£91k

Current Liabilities

£155k

Fixed Assets

£78k

Debtors

£2k

4avg. employees

Tax at Year End(2020)

Corp tax£6k
Dividends paid£12k

Balance Sheet

Intangible assets£64k
Assets less current liabilities£14k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59+£0
20250.59-£175
20240.63-£156
20230.64+£2k
20220.66-£3k
20210.88—
20200.50—
20190.42—
20180.42—

Derived from filed accounts. Not audited figures.