MYDAS RECRUITMENT LTD Financials
- Company number
- NI041065CopyCopy
- Registered office
- 6th Floor East Tower Lanyon Plaza, 8 Lanyon Place, Belfast BT1 3LP
- Incorporated
- 22/06/2001
Company snapshot
- Status
- Active
- Employees
- 8 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
2024: £511.98K
Total Assets
2024: £897.03K
Cash in Bank
2024: £50.46K
Total Liabilities
2024: £385.05K
Employees
2024: 10
In 2025, MYDAS RECRUITMENT LTD reported net assets of £560.34K. The same filing shows total assets of £789.97K, cash in bank of £208.70K and total liabilities of £229.63K. Reported headcount was 8 in 2025. Cash in Bank rose from £50.46K in 2024 to £208.70K in 2025 (313.64%). Okredo holds filed figures for 2023–2025; 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
Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MYDAS RECRUITMENT LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+6.2% a year compound (CAGR)
Cash in Bank
+59.5% a year compound (CAGR)
Total Assets
-2.9% a year compound (CAGR)
Total Liabilities
-17.9% a year compound (CAGR)
Employees
Biggest increase
Cash in Bank+154%
£82.02K in 2023 to £208.70K in 2025
Biggest decrease
Total Liabilities-32.6%
£340.74K in 2023 to £229.63K in 2025
MYDAS RECRUITMENT LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MYDAS RECRUITMENT LTD'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
- 70.93%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
- 29.07%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
- 90.89%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
- 26.42%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 MYDAS RECRUITMENT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 496.42K | 511.98K | 560.34K |
| Total Assets£ | 837.16K | 897.03K | 789.97K |
| Cash in Bank£ | 82.02K | 50.46K | 208.70K |
| Total Liabilities£ | 340.74K | 385.05K | 229.63K |
| Employees | 10 | 10 | 8 |
MYDAS RECRUITMENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MYDAS RECRUITMENT LTD covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
MYDAS RECRUITMENT LTD reported net assets of £560.34K for 2025. That compares with £511.98K in 2024, a change of 9.45%.
MYDAS RECRUITMENT LTD reported total assets of £789.97K for 2025. That compares with £897.03K in 2024, a change of -11.94%.
MYDAS RECRUITMENT LTD reported cash in bank of £208.70K for 2025. That compares with £50.46K in 2024, a change of 313.64%.
MYDAS RECRUITMENT LTD reported 8 employees in 2025, compared with 10 in 2024.
Between 2023 and 2025, MYDAS RECRUITMENT LTD's net assets rose by 12.9%, cash in bank rose by 154%, total assets fell by 5.6% and total liabilities fell by 32.6%. Net assets compounded at 6.2% a year across the two years to 2025, from £496.42K to £560.34K. Reported headcount went from 10 in 2023 to 8 in 2025 (-2).
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.