Midas Telecom Solutions (Sw) Limited
08260544
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
30/07/2026
Confirmation statement
Last: 22/11/2025
Due 06/12/2026
Industry
Officers
director · Since 08/10/2024
MANAGING DIRECTOR
BRITISH · WALES · Age 51
Also on 6 other boards
Persons with Significant Control
Itcs (Uk) Ltd
Sony Technology Centre, Pencoed Technology Park, Bridgend, CF35 5HZ
Reg: 05251472 · Companies House · Private Limited Company (Ltd)
Notified 08/10/2024
Former PSCs
Mr Julian Hopkins
Ceased 08/10/2024
Mr Mark Richard Press
Ceased 22/11/2022
Charges1 outstanding
IFW-DEBT LP (ACTING BY ITS GENERAL PARTNER) FWC IFW DEBT GP LIMITED ACTING BY FW CAPITAL LIMITE
CompanyRankvs 445+ SIC 61100 peers64
Show leaderboard
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.
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 31/10/2024
Net Worth
£69k
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
£58k
Working capital
Current Assets
£256k
Current Liabilities
£198k
Fixed Assets
£24k
Debtors
£234k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.29 | +£20k |
| 2023 | 1.30 | +£47k |
| 2022 | 1.76 | -£28k |
| 2021 | 2.56 | -£1k |
| 2020 | 3.89 | -£77k |
| 2019 | 3.06 | — |
Derived from filed accounts. Not audited figures.