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Mida Commercials Ltd

09847935

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

MIDA COMMERCIALS LTD, WEDNESBURY, WS10 7BG
Incorporated 29/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Michael James Cole

director · Since 29/10/2015

SALES MANAGER

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr Lee Jasper

director · Since 01/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Persons with Significant Control

Mr Michael James Cole

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

Mida Commercials Ltd, Western Way, Wednesbury, WS10 7BG

Notified 27/06/2025

Safe Asset Solutions Limited

25–50% shares
25–50% votes
Appoint directors

101 New Cavendish Street, 1st Floor South, London, W1W 6XH

Reg: 06560521c · Companies House · Limited Company

Notified 27/06/2025

Former PSCs

Mr Michael James Cole

Ceased 23/11/2018

Mr Darren Lee Garland

Ceased 23/11/2018

Gratom Taylor Ltd

Ceased 26/06/2025

CompanyRankvs 5746+ SIC 45200 peers
75

Financial strength86th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

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

Liquidity12/20 pts

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

Longevity11/15 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 31/12/2024

Net Worth

£127k

Balance sheet strength

Cash

£195k

Cash in the bank

Net Current Assets

£168k

Working capital

Current Assets

£585k

Current Liabilities

£417k

Fixed Assets

£189k

Debtors

£240k

26avg. employees+7

Balance Sheet

Assets less current liabilities£357k
Signed by 09847935 2024-01-01 2024-12-31 09847935 2024-12-31 09847935 core:RetainedEarningsAccumulatedLosses 2024-12-31 09847935 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40-£38k
20231.69+£11k
20221.68+£44k
20211.83+£80k
20201.28-£48k
20191.06+£30k
20181.37

Derived from filed accounts. Not audited figures.