# MIDAS AUTOMOTIVE LTD. (07089088)

> MIDAS AUTOMOTIVE LTD. is an active private limited company (company number 07089088) incorporated on 27 November 2009, registered in Oxford. Its registered activity is manufacture of motor vehicles (SIC 29100). Latest small accounts cover the period ending 30 November 2025, showing net assets of −£125k and cash of £594, with 1 employee on average. Net assets fell 28% on the prior period (−£98k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2009-11-27
- Registered office: Oxford, OX2 9LF
- SIC 29100: Manufacture of motor vehicles
- SIC 74100: Specialised design activities
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-12-11
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 706 comparable companies in the UK (median £100, upper quartile £9,037).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | −£125k | £594 | £1,522 | — | — | — | 1 |
| 2024-11-30 | −£98k | £1,343 | £1,331 | — | — | — | 1 |
| 2023-11-30 | −£72k | £557 | £1,123 | — | — | — | 1 |

net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-125,168 at 30 November 2025
- Net assets down 25% or more on the prior period: -28.2% vs prior period
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 27 November 2009

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

## Persons with significant control

- Mr Alistair Graham Courtney — owns 25–50% of shares, since 2016-11-27
- Mr Alistair Graham Courtney — owns 25–50% of shares, since 2017-11-21
- Alternative Cars Limited (corporate-entity) — owns 25–50% of shares, since 2017-11-27

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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/07089088
HTML: https://firmoscan.com/company/07089088-midas-automotive-ltd