Midas Structural Ltd
07758195
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/08/2011
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 2 other boards
secretary · Since 01/11/2011
Persons with Significant Control
Justin Graeme Skipper
British · England · Age 56
7, The Close, Norwich, NR1 4DJ
Notified 06/04/2016
CompanyRankvs 722+ SIC 41201 peers86
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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 31/08/2024
Net Worth
£451k
Balance sheet strength
Cash
£372k
Cash in the bank
Net Current Assets
£451k
Working capital
Current Assets
£540k
Current Liabilities
£89k
Fixed Assets
£11k
Debtors
£168k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.05 | -£73k |
| 2023 | 2.05 | +£107k |
| 2022 | 1.86 | +£138k |
| 2021 | 1.77 | -£6k |
| 2020 | 1.99 | -£76k |
| 2019 | 2.54 | +£3k |
| 2018 | 2.12 | — |
Derived from filed accounts. Not audited figures.