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Midas Decorators Limited

04952714

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

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

Details

H1 ASH TREE COURT, NOTTINGHAM BUSINESS PARK, NG8 6PY
Incorporated 04/11/2003

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

43341
Painting

Officers

Mr David James Dungworth

director · Since 30/11/2008

PAINTER & DECORATOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Miss Cirstie Parker-Shand

secretary · Since 01/12/2015

Also on 1 other board

Miss Cirstie Parker-Shand

director · Since 01/12/2015

ADMINISTRATOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr David James Dungworth

25–50% shares
25–50% votes

British · England · Age 45

22, Regent Street, Nottingham, NG1 5BQ

Notified 01/11/2016

Miss Cirstie Parker-Shand

25–50% shares
25–50% votes

British · England · Age 41

22, Regent Street, Nottingham, NG1 5BQ

Notified 05/11/2017

Insolvency History1 case

creditors voluntary liquidation22/04/2026

James Oliver Everist (practitioner) · Andrew J Cordon (practitioner)

CompanyRankvs 4512+ SIC 43341 peers
45

Financial strength46th percentile among SIC peers · 12/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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10D. Dyke & Son (Decorating Contractors) Limited
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4512Midas Decorators Limited
55
How is this score calculated?
Financial strength12/25 pts

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

Employees1/15 pts

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

Liquidity12/20 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£14k

Current Liabilities

£13k

Fixed Assets

£1k

-2avg. employees-4

Tax at Year End(2023)

Corp tax£7k

Balance Sheet

Assets less current liabilities£3k
Prepared with v2025.63.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent Ratio
20241.15
20230.90

Derived from filed accounts. Not audited figures.