# MIDAS TECHNICAL SOLUTIONS LIMITED (03686861)

> MIDAS TECHNICAL SOLUTIONS LIMITED is an active private limited company (company number 03686861) incorporated on 22 December 1998, registered in Stanmore. Its registered activity is ready-made interactive leisure and entertainment software development (SIC 62011). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£127k and cash of £831k, with 2 employees on average. Net assets fell 329% on the prior period (−£30k).

- Status: Active
- Incorporated: 1998-12-22
- Registered office: Stanmore, HA7 1JS
- SIC 62011: Ready-made interactive leisure and entertainment software development
- SIC 70229: Management consultancy activities other than financial management
- SIC 93130: Fitness facilities
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-01-05
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 354 comparable companies in Greater London (median £176, upper quartile £21k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£127k | £831k | £78k | £292k | — | — | 2 |
| 2024-05-31 | −£30k | £819 | £5,247 | £319k | — | — | 2 |

current ratio 3.11; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-126,719 at 31 May 2025
- Net assets down 25% or more on the prior period: -329.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.11
- Cash at bank of £50,000 or more: Cash £830,679
- Incorporated five or more years ago: Incorporated 22 December 1998

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Miss Meena Sagoo — owns 75–100% of shares, since 2016-07-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03686861
HTML: https://firmoscan.com/company/03686861-midas-technical-solutions-limited