Midas Bars Limited
05182117
Some Concerns
- Negative net worth (-10)
Details
Compliance
Last accounts
31/07/2025
total exemption full
Next accounts due
30/04/2027
Confirmation statement
Last: 16/07/2025
Due 30/07/2026
Industry
Officers
secretary · Since 28/07/2005
DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 10 other boards
Persons with Significant Control
Mr Giuseppe Baio
Italian · England · Age 72
First Floor, 50 Whiteladies Road, Bristol, BS8 2NH
Notified 06/04/2016
Mrs Elaine Baio
British · England · Age 66
First Floor, 50 Whiteladies Road, Bristol, BS8 2NH
Notified 06/04/2016
CompanyRankvs 14893+ SIC 56302 peers39
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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 31/07/2025
Net Worth
-£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
—
Current Liabilities
£2k
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2025 | +£0 |
| 2024 | +£0 |
| 2023 | +£0 |
| 2022 | +£0 |
| 2021 | +£0 |
| 2020 | +£0 |
| 2019 | +£0 |
Derived from filed accounts. Not audited figures.