Midas Systems (London) Limited
04728238
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 06/06/2025
Due 20/06/2026
Industry
Officers
director · Since 06/05/2016
CHARTERED ENGINEER
BRITISH · ENGLAND · Age 82
Also on 5 other boards
director · Since 06/05/2016
ENGINEER
BRITISH · ENGLAND · Age 52
Also on 5 other boards
director · Since 06/05/2016
CERTIFIED CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 79
Also on 4 other boards
Persons with Significant Control
Vle Support Limited
Tms House, Cray Avenue, Orpington, BR5 3QB
Reg: 03322835 · England And Wales · Private Company Limited By Shares
Notified 06/04/2017
CompanyRankvs 331410+ SIC 62020 peers70
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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 31/08/2025
Net Worth
£2
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
£10k
Working capital
Current Assets
£14k
Current Liabilities
£4k
Debtors
£12k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 3.67 |
| 2024 | 1.00 |
| 2023 | 1.00 |
| 2022 | 1.00 |
| 2021 | 1.15 |
| 2019 | 0.79 |
Derived from filed accounts. Not audited figures.