MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED Financials
- Company number
- 03072059Copy
Copy - Registered office
- Orchard Place 183 Walsall Road, Great Wyrley, Walsall, West Midlands WS6 6NL
- Incorporated
- 23/06/1995
Company snapshot
- Status
- Active
- Employees
- 14 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
40.99%vs 20232023: £191.08K
Total Assets
-2.31%vs 20232023: £657.51K
Cash in Bank
-61.88%vs 20232023: £103.22K
Total Liabilities
-20.22%vs 20232023: £464.15K
Employees
0vs 20232023: 14
In 2024, MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED reported net assets of £269.40K. The same filing shows total assets of £642.32K, cash in bank of £39.35K and total liabilities of £370.31K. Reported headcount was 14 in 2024. Total Liabilities fell from £464.15K in 2023 to £370.31K in 2024 (-20.22%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
40.99%from £191.08K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+174%vs 2022+65.6% a year compound (CAGR)
Cash in Bank
-48.2%vs 2022-28% a year compound (CAGR)
Total Assets
+4.1%vs 2022+2% a year compound (CAGR)
Total Liabilities
-28.4%vs 2022-15.4% a year compound (CAGR)
Employees
+40%vs 2022+4Biggest increase
Net Assets+174%
£98.29K in 2022 to £269.40K in 2024
Biggest decrease
Cash in Bank-48.2%
£76.00K in 2022 to £39.35K in 2024
MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 41.94%2024
- Liabilities to total assets
- 57.65%2024
- Cash to liabilities
- 10.63%2024
- Cash to total assets
- 6.13%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 75.71K | 98.29K | 191.08K | 269.40K |
| Total Assets£ | 222.28K | 617.09K | 657.51K | 642.32K |
| Cash in Bank£ | 107.72K | 76.00K | 103.22K | 39.35K |
| Total Liabilities£ | 143.30K | 517.20K | 464.15K | 370.31K |
| Employees | 10 | 10 | 14 | 14 |
MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED report in 2024?
MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED reported net assets of £269.40K for 2024. That compares with £191.08K in 2023, a change of 40.99%.
What total assets did MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED report in 2024?
MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED reported total assets of £642.32K for 2024. That compares with £657.51K in 2023, a change of -2.31%.
What cash in bank did MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED report in 2024?
MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED reported cash in bank of £39.35K for 2024. That compares with £103.22K in 2023, a change of -61.88%.
How many people does MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED employ?
MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED reported 14 employees in 2024, compared with 14 in 2023.
How have MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED's net assets rose by 174%, cash in bank fell by 48.2%, total assets rose by 4.1% and total liabilities fell by 28.4%. Net assets compounded at 65.6% a year across the two years to 2024, from £98.29K to £269.40K. Reported headcount went from 10 in 2022 to 14 in 2024 (+4).
Which years of MIDAS ACCOUNTANTS & BUSINESS CONSULTANTS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.