Firmoscan
Active04044091Private limited companyGreat Yarmouth

MIDAS COMPONENTS LIMITED

C54/100

Owned by Michael John Halpin (25–50%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

MIDAS COMPONENTS LIMITED is an active private limited company (company number 04044091) incorporated on 31 July 2000, registered in Great Yarmouth. Its registered activity is wholesale of electronic and telecommunications equipment and parts (SIC 46520). Latest small accounts cover the period ending 31 December 2024, showing net assets of £71k and cash of £126k, with 20 employees on average. Net assets fell 79% on the prior period (£333k).

Peer position · net assets

By net assets it sits in the upper half of 334 comparable companies in Other (median £17k, upper quartile £252k).

02

Key dates

Incorporated
31 July 200026 yrs ago
Next accounts due
30 September 202622 days overdue
Confirmation statement due
14 August 2027in 296 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 46520
Wholesale of electronic and telecommunications equipment and parts
SIC 71121
Engineering design activities for industrial process and production
SIC 71129
Other engineering activities
SIC 74100
Specialised design activities
Accounts type
Total Exemption Full
Size band
MicroCompanies Act thresholds
04

Financials

2 periods on record · latest ending 31 December 2024
Net assets
£71k
−79%vs Dec 2023
Cash at bank
£126k
+17%vs Dec 2023
Turnover
Not reported
Employees
20
No changevs Dec 2023
Net assets
£71k
Cash at bank
£126k
Average employees
20
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 December 2024£71k£126k—£1.26m——20
31 December 2023£333k£108k—£938k——20
Current ratio1.07Current assets ÷ creditors within one year
Cash per employee£6,296Cash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
54 / 100 · grade C
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
+10Positive net assetsNet assets £71,215 at 2024-12-31
−8Net assets falling-78.6% vs prior period
+4Cash reservesCash £125,922
+8EstablishedIncorporated 2000-07-31 (26 years)
−10Accounts overdueDue 2026-09-30
54Score, grade C

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active · 2 other
  • Mr Michael John Halpin
    Individual · since 6 April 2016
    • owns 25–50% of shares
    • holds 50–75% of voting rights
    • can appoint or remove directors
  • Mr Richard David Wedon
    Individual · since 6 April 2016 · ceased 28 March 2017
    • owns 25–50% of shares
    • holds 25–50% of voting rights
  • Winstar Display Company Ltd
    corporate entity, Taiwan · since 28 March 2017 · ceased 28 March 2017
    • owns 25–50% of shares

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Confirmation statement duein 296 days
  2. Next accounts due22 days overdue
  3. Accounts period endNet assets £71k · small accounts
  4. Accounts period endNet assets £333k · small accounts
  5. Incorporated
08

Similar companies in the UK

Same activity (wholesale of electronic and telecommunications equipment and parts), closest in incorporation date

All companies incorporated on 31 July 2000 · in Jul 2000.

09

Reminders for MIDAS COMPONENTS LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.