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Midas Business Limited

14257535

active
Private Limited Company
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

73 RYE WAY, WOKINGHAM, RG40 4BE
Incorporated 26/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47890
Retail sale via stalls and markets of other goods
47910
Retail sale via mail order houses or via Internet
62020
Information technology consultancy activities

Officers

Mr Tung Hei Kwan

director · Since 26/07/2022

DIRECTOR

HONG KONGER · ENGLAND · Age 34

Ms Yuet Wai Tse

director · Since 26/07/2022

DIRECTOR

HONG KONGER · ENGLAND · Age 35

Persons with Significant Control

Mr Tung Hei Kwan

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

Hong Konger · England · Age 34

73, Rye Way, Wokingham, RG40 4BE

Notified 26/07/2022

Ms Yuet Wai Tse

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

Hong Konger · England · Age 35

73, Rye Way, Wokingham, RG40 4BE

Notified 26/07/2022

CompanyRankvs 4036+ SIC 47890 peers
33

Financial strength25th percentile among SIC peers · 6/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 pts

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

Employees2/15 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.

Longevity4/15 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 31/07/2025

Net Worth

-£95

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£723

Working capital

Current Assets

£3k

Current Liabilities

£4k

Fixed Assets

£626

0avg. employees

Balance Sheet

Assets less current liabilities-£95
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81—
2024—+£99
2023Infinity—

Derived from filed accounts. Not audited figures.