MIDAS SYSTEMS (LONDON) LIMITED Financials
- Company number
- 04728238CopyCopy
- Registered office
- C/O MARK TRINICK, VLE SUPPORT LIMITED, Tms House, Cray Avenue, Orpington, Kent BR5 3QB
- Incorporated
- 09/04/2003
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
505.30K%vs 20242024: £2.00
Total Assets
-18.82%vs 20242024: £17.12K
Cash in Bank
-68.54%vs 20242024: £4.70K
Total Liabilities
-77.88%vs 20242024: £17.11K
Employees
0vs 20242024: 0
In 2025, MIDAS SYSTEMS (LONDON) LIMITED reported net assets of £10.11K. The same filing shows total assets of £13.89K, cash in bank of £1.48K and total liabilities of £3.79K. Reported headcount was 0 in 2025. Total Liabilities fell from £17.11K in 2024 to £3.79K in 2025 (-77.88%). 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
505.30K%from £2.00 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 SYSTEMS (LONDON) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Cash in Bank
-92%vs 2023-71.6% a year compound (CAGR)
Total Assets
-76%vs 2023-51% a year compound (CAGR)
Total Liabilities
-93.5%vs 2023-74.4% a year compound (CAGR)
Employees
-100%vs 2023-3Biggest decrease
Employees-100%
3 in 2023 to 0 in 2025
Every indicator Okredo holds for MIDAS SYSTEMS (LONDON) LIMITED fell between 2023 and 2025. The steepest fall came in employee numbers, pointing to a smaller workforce, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIDAS SYSTEMS (LONDON) 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
- 72.75%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
- 27.25%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.
- Cash to liabilities
- 39.06%2025
- 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
- 10.64%2025
- 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 SYSTEMS (LONDON) 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£ | 139.29K | 2.00 | – | 2.00 | 10.11K |
| Total Assets£ | 294.11K | – | 57.80K | 17.12K | 13.89K |
| Cash in Bank£ | 136.88K | 101.32K | 18.40K | 4.70K | 1.48K |
| Total Liabilities£ | 152.44K | – | 57.80K | 17.11K | 3.79K |
| Employees | 3 | 3 | 3 | 0 | 0 |
MIDAS SYSTEMS (LONDON) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDAS SYSTEMS (LONDON) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MIDAS SYSTEMS (LONDON) LIMITED reported net assets of £10.11K for 2025. That compares with £2.00 in 2024, a change of 505.30K%.
MIDAS SYSTEMS (LONDON) LIMITED reported total assets of £13.89K for 2025. That compares with £17.12K in 2024, a change of -18.82%.
MIDAS SYSTEMS (LONDON) LIMITED reported cash in bank of £1.48K for 2025. That compares with £4.70K in 2024, a change of -68.54%.
MIDAS SYSTEMS (LONDON) LIMITED reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, MIDAS SYSTEMS (LONDON) LIMITED's cash in bank fell by 92%, total assets fell by 76%, total liabilities fell by 93.5% and employee numbers fell by 100%. Cash in bank contracted at 71.6% a year across the two years to 2025, from £18.40K to £1.48K. Reported headcount went from 3 in 2023 to 0 in 2025 (-3).
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.