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Midts Limited

08807053

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1010 CAMBOURNE BUSINESS CENTRE, CAMBRIDGE, CAMBRIDGE, CB23 6DP
Incorporated 09/12/2013

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

62090
Other information technology service activities
70229
Management consultancy activities
78300
Human resources provision and management of human resources functions

Officers

Mr Muhammad Waqar

director · Since 09/12/2013

BUSINESS CONSULTANT

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Muhammad Waqar

75–100% shares

British · United Kingdom · Age 39

1010 Cambourne Business Centre, Cambridge, Cambourne, Cambridge, CB23 6DP

Notified 09/12/2016

CompanyRankvs 35065+ SIC 62090 peers
48

Financial strength13th percentile among SIC peers · 3/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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35065Midts Limited
43
How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£6k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£16k

Current Liabilities

£18k

Fixed Assets

£4k

Debtors

£9k

2avg. employees

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities£2k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87-£8k
20241.86+£2
20232.53—

Derived from filed accounts. Not audited figures.