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MIDAS DISPLAY SYSTEMS LIMITED Financials

Company number
04442607Copy
Copy
Registered office
Intex House Avondale Way, Pontrhydyrun, Cwmbran NP44 1TS
Incorporated
20/05/2002

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£16.76K2024
574.99%vs 2023

2023: £2.48K

Total Assets

£292.25K2024
11.31%vs 2023

2023: £262.56K

Cash in Bank

£19.26K2024
852.75%vs 2023

2023: £2.02K

Total Liabilities

£275.49K2024
5.93%vs 2023

2023: £260.08K

Employees

102024
+3vs 2023

2023: 7

In 2024, MIDAS DISPLAY SYSTEMS LIMITED reported net assets of £16.76K. The same filing shows total assets of £292.25K, cash in bank of £19.26K and total liabilities of £275.49K. Reported headcount was 10 in 2024. Total Assets rose from £262.56K in 2023 to £292.25K in 2024 (11.31%). 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

£16.76K2024
574.99%from £2.48K in 2023

Year-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 DISPLAY SYSTEMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-14.97K2022£16.76K2024
Increasedvs 2022

Cash in Bank

£952.002022£19.26K2024
+1923%vs 2022

+350% a year compound (CAGR)

Total Assets

£219.90K2022£292.25K2024
+32.9%vs 2022

+15.3% a year compound (CAGR)

Total Liabilities

£234.87K2022£275.49K2024
+17.3%vs 2022

+8.3% a year compound (CAGR)

Employees

52022102024
+100%vs 2022+5

Biggest increase

Cash in Bank+1923%

£952.00 in 2022 to £19.26K in 2024

Every indicator Okredo holds for MIDAS DISPLAY SYSTEMS LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MIDAS DISPLAY SYSTEMS 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
5.73%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.
Liabilities to total assets
94.27%2024
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.
Cash to liabilities
6.99%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
6.59%2024
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 DISPLAY SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-27.77K-14.97K2.48K16.76K
Total Assets£171.23K219.90K262.56K292.25K
Cash in Bank£750.00952.002.02K19.26K
Total Liabilities£199.00K234.87K260.08K275.49K
Employees45710

MIDAS DISPLAY SYSTEMS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MIDAS DISPLAY SYSTEMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

MIDAS DISPLAY SYSTEMS LIMITED reported net assets of £16.76K for 2024. That compares with £2.48K in 2023, a change of 574.99%.

MIDAS DISPLAY SYSTEMS LIMITED reported total assets of £292.25K for 2024. That compares with £262.56K in 2023, a change of 11.31%.

MIDAS DISPLAY SYSTEMS LIMITED reported cash in bank of £19.26K for 2024. That compares with £2.02K in 2023, a change of 852.75%.

MIDAS DISPLAY SYSTEMS LIMITED reported 10 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, MIDAS DISPLAY SYSTEMS LIMITED's cash in bank rose by 1923%, total assets rose by 32.9%, total liabilities rose by 17.3% and employee numbers rose by 100%. Cash in bank compounded at 350% a year across the two years to 2024, from £952.00 to £19.26K. Reported headcount went from 5 in 2022 to 10 in 2024 (+5).

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.