# MIDA COMMERCIALS LTD (09847935)

> MIDA COMMERCIALS LTD is an active private limited company (company number 09847935) incorporated on 29 October 2015, registered in Wednesbury. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 31 December 2024, showing net assets of £127k and cash of £195k, with 26 employees on average. Net assets fell 23% on the prior period (£165k).

- Status: Active
- Incorporated: 2015-10-29
- Registered office: Wednesbury, WS10 7BG
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-11-12
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 2,062 comparable companies in Birmingham (median £1,496, upper quartile £19k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £127k | £195k | £235k | £417k | — | — | 26 |
| 2023-12-31 | £165k | £192k | £343k | £341k | — | — | 19 |

current ratio 1.4; size band micro.

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

- Net assets above zero: Net assets £126,922 at 31 December 2024
- Cash at bank of £50,000 or more: Cash £194,955
- Incorporated five or more years ago: Incorporated 29 October 2015
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Safe Asset Solutions Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2025-06-27
- Mr Michael James Cole — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2025-06-27

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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/09847935
HTML: https://firmoscan.com/company/09847935-mida-commercials-ltd