MIDAS IT SOLUTIONS LIMITED Financials
- Company number
- 10634892CopyCopy
- Registered office
- Number One, Waterton Park, Bridgend CF31 3PH
- Incorporated
- 23/02/2017
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
97.34%vs 20242024: £-47.80K
Total Assets
1.11%vs 20242024: £46.41K
Total Liabilities
-48.84%vs 20242024: £94.21K
Employees
+2vs 20242024: 1
In 2025, MIDAS IT SOLUTIONS LIMITED reported net assets of £-1.27K. The same filing shows total assets of £46.92K and total liabilities of £48.19K. Reported headcount was 3 in 2025. Net Assets rose from £-47.80K in 2024 to £-1.27K in 2025 (97.34%). Okredo holds filed figures for 2021–2025; 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
97.34%from £-47.80K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MIDAS IT SOLUTIONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-103%vs 2023Total Assets
+62.8%vs 2023+27.6% a year compound (CAGR)
Total Liabilities
Increasedvs 2023Employees
0%vs 2023Biggest increase
Total Assets+62.8%
£28.83K in 2023 to £46.92K in 2025
Biggest decrease
Net Assets-103%
£48.79K in 2023 to £-1.27K in 2025
MIDAS IT SOLUTIONS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIDAS IT SOLUTIONS 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
- -2.71%2025
- 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
- 102.71%2025
- 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MIDAS IT SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 87.88K | 48.08K | 48.79K | -47.80K | -1.27K |
| Total Assets£ | 6.09K | 11.58K | 28.83K | 46.41K | 46.92K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | -81.78K | -36.50K | -19.96K | 94.21K | 48.19K |
| Employees | 3 | 3 | 3 | 1 | 3 |
MIDAS IT SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDAS IT SOLUTIONS LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
MIDAS IT SOLUTIONS LIMITED reported net assets of £-1.27K for 2025. That compares with £-47.80K in 2024, a change of 97.34%.
MIDAS IT SOLUTIONS LIMITED reported total assets of £46.92K for 2025. That compares with £46.41K in 2024, a change of 1.11%.
MIDAS IT SOLUTIONS LIMITED reported total liabilities of £48.19K for 2025. That compares with £94.21K in 2024, a change of -48.84%.
MIDAS IT SOLUTIONS LIMITED reported 3 employees in 2025, compared with 1 in 2024.
Between 2023 and 2025, MIDAS IT SOLUTIONS LIMITED's net assets fell by 103%, total assets rose by 62.8% and employee numbers was unchanged. Total assets compounded at 27.6% a year across the two years to 2025, from £28.83K to £46.92K. Reported headcount went from 3 in 2023 to 3 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.