Mydas Holdings Ltd
12670981
Some Concerns
- Negative net worth (-10)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/08/2026
Confirmation statement
Last: 07/04/2025
Due 21/04/2026
Industry
Officers
director · Since 15/06/2020
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 17 other boards
Persons with Significant Control
Mr Sikandar Mahmood Bhatti
British · England · Age 38
19, Baslow Grove, Bradford, BD9 5JA
Notified 15/06/2020
Former PSCs
Dr Farhaan Hussain
Ceased 15/06/2020
Mr Kamran Mahmood Bhatti
Ceased 15/06/2020
CompanyRankvs 124939+ SIC 68100 peers35
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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 31/08/2025
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
—
Current Liabilities
£60k
Fixed Assets
£196k
Debtors
£55k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£1k |
| 2024 | — | -£5k |
| 2023 | 0.94 | — |
Derived from filed accounts. Not audited figures.