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Midas Audits Limited

07740830

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ORCHARD PLACE 183 WALSALL ROAD, WALSALL, WS6 6NL
Incorporated 15/08/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mrs Annette Dwyer

director · Since 15/08/2011

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr Brian David Keates

director · Since 21/12/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Adbk Holdings Limited

75–100% shares
75–100% votes
Appoint directors

6, Rosewood Gardens, Wolverhampton, WV11 2DF

Reg: 11667726 · Companies House · Limited Company

Notified 21/12/2018

Former PSCs

Mrs Annette Dwyer

Ceased 21/11/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/12/2018Registered 20/12/2018

CompanyRankvs 13095+ SIC 69201 peers
53

Financial strength53th percentile among SIC peers · 13/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 72.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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13095Midas Audits Limited
62
How is this score calculated?
Financial strength13/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£5k

Current Liabilities

£73

Balance Sheet

Assets less current liabilities£5k
Signed by Mrs A Dwyer Mr B D Keates 19 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202472.11-£41
20232.63-£35
20221.52-£30
20211.52-£413
20201.77+£27
20191.38-£1k
20181.12—

Derived from filed accounts. Not audited figures.