Company Overview
Midas Retail Limited is a Dissolved Private Limited Company.
Registered Address

C/O Teneo Financial Advisory Limited 156 Great Charles Street, Queensway, Birmingham, B3 3HN
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Companies House Data
Company NameMIDAS RETAIL LIMITED
Company Number05000115
Registered Office AddressC/O Teneo Financial Advisory Limited 156 Great Charles Street
 Queensway
 B3 3HN
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date19/12/2003
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2022
Accounts Last Made Up Date31/10/2020
Accounts Account CategoryFULL
Returns Next Due Date16/01/2017
Returns Last Made Up Date19/12/2015
Previous Company NameChanged Date
MIDAS PROJECTS (UK) LIMITED11 Jul 2007
BARNCREST NO.180 LIMITED23 Mar 2004
Directors & Members
Show Resigned
Stephen Hindley - Director
(British, 77 years old, born March 1949)
Appointed 27 March 2004
Active
Alan Hope - Director
(British, 61 years old, born March 1965)
Appointed 26 April 2004
Active
Peter Skoulding - Director
(British, 60 years old, born May 1966)
Appointed 06 July 2021
Active
Secretaries
Show Resigned
Peter Skoulding - Secretary
Appointed 06 July 2021
Active
Other Company Directorships
Stephen Hindley
BWR MANAGEMENT COMPANY LIMITED
CAMBORNE POOL REDRUTH URBAN REGENERATION COMPANY LIMITED
CHILDREN'S HOSPICE SOUTH WEST
D.C.E.T. LIMITED
DEVON AND CORNWALL TRAINING AND ENTERPRISE COUNCIL
DEVON COMMUNITY FOUNDATION
DEVON SOCIAL FINANCE LIMITED
E THOMAS CONSTRUCTION LTD
FALMOUTH DEVELOPMENTS LIMITED
FOCUS TRAINING (SW) LIMITED
HEART OF THE SOUTH-WEST LEP C.I.C.
MARDON PROPERTIES LIMITED
MIDAS COMMERCIAL DEVELOPMENTS LIMITED
MIDAS CONSTRUCTION LIMITED
MIDAS ENERGY LIMITED
MIDAS ENVIRONMENTAL SERVICES LIMITED
MIDAS GROUP LIMITED
MIDAS HOMES (UK) LIMITED
MIDAS INTERIORS LIMITED
MIDAS LIVING LIMITED
MIDAS MAINTENANCE LIMITED
MIDAS PENSION TRUSTEE COMPANY LIMITED
MIDAS PROPERTY SERVICES (UK) LIMITED
MIDAS RESTORATION LIMITED
MIDWELL HOMES LIMITED
MI-ENERGY LIMITED
MI-SPACE (UK) LIMITED
MI-SPACE DEVELOPMENTS LIMITED
MI-SPACE HOMES LIMITED
MI-SPACE LIVING LIMITED
MI-SPACE PROPERTY SERVICES LIMITED
MI-ZEB LIMITED
PROSPER SW LIMITED
TORBAY PARK MANAGEMENT COMPANY (NO. 3) LIMITED
Alan Hope
FALMOUTH DEVELOPMENTS LIMITED
MEDICINQ LIMITED
MIDAS COMMERCIAL DEVELOPMENTS LIMITED
MIDAS CONSTRUCTION LIMITED
MIDAS ENERGY LIMITED
MIDAS GROUP LIMITED
MIDAS HOMES (UK) LIMITED
MIDAS LIVING LIMITED
MIDAS PROPERTY SERVICES (UK) LIMITED
MI-ENERGY LIMITED
MI-SPACE (UK) LIMITED
MI-SPACE DEVELOPMENTS LIMITED
MI-SPACE HOMES LIMITED
MI-SPACE LIVING LIMITED
MI-SPACE PROPERTY SERVICES LIMITED
RESOUND (CATTEDOWN) LIMITED
RESOUND (DERRIFORD) LIMITED
RESOUND (HEALTH) LIMITED
RESOUND (MOUNT GOULD) LIMITED
Peter Skoulding
BWR MANAGEMENT COMPANY LIMITED
E THOMAS CONSTRUCTION LTD
FALMOUTH DEVELOPMENTS LIMITED
MIDAS COMMERCIAL DEVELOPMENTS LIMITED
MIDAS CONSTRUCTION LIMITED
MIDAS ENERGY LIMITED
MIDAS ENVIRONMENTAL SERVICES LIMITED
MIDAS GROUP LIMITED
MIDAS HOMES (UK) LIMITED
MIDAS INTERIORS LIMITED
MIDAS LIVING LIMITED
MIDAS MAINTENANCE LIMITED
MIDAS PENSION TRUSTEE COMPANY LIMITED
MIDAS PROPERTY SERVICES (UK) LIMITED
MIDAS RESTORATION LIMITED
MIDWELL HOMES LIMITED
MI-ENERGY LIMITED
MI-SPACE (UK) LIMITED
MI-SPACE DEVELOPMENTS LIMITED
MI-SPACE LIVING LIMITED
MI-SPACE PROPERTY SERVICES LIMITED
MI-ZEB LIMITED
TORBAY PARK MANAGEMENT COMPANY (NO. 3) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2020 30-Apr-2016 30-Apr-2015
Balance Sheet
Fixed Assets 0 0 0
Current Assets 13,063,000 13,063,000 4,349,000
Creditors Due Within One Year 11,967,000 11,967,000 3,588,000
Working Cap 1,096,000 1,096,000 761,000
Total Assets Less Current Liabilities 1,096,000 1,096,000 761,000
Long-term Liabilities 0 0 0
Net Assets 1,096,000 1,096,000 761,000
Share Capital & Reserves
Share Cap 500,000 500,000 500,000
Profit & Loss Reserves 596,000 596,000 261,000
Other Reserves 0 0 0
Shareholders Funds 1,096,000 1,096,000 761,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2020 30-Apr-2016 30-Apr-2015
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 49.1% 49.1% 30.5%
Cash Bank In Hand 50.7% 50.7% 65.7%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 91.6% 91.6% 82.5%
Net Current Assets Liabilities 8.4% 8.4% 17.5%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 8.4% 8.4% 17.5%
Called Up Share Capital 3.8% 3.8% 11.5%
Share Capital Allotted Called Up Paid 3.8% 3.8% 11.5%
Profit Loss Account Reserve 4.6% 4.6% 6.0%
Shareholder Funds 8.4% 8.4% 17.5%
Capital Employed - - -
Total Assets Less Current Liabilities 8.4% 8.4% 17.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2020 30-Apr-2016 30-Apr-2015
Liquidity Ratio 1.1 1.1 1.2
Solvency Ratio 1.1 1.1 1.2
Reserves to Assets 0.0 0.0 0.1
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2020 30-Apr-2016 30-Apr-2015
Assets 13,063,000 13,063,000 4,349,000
Debt 11,967,000 11,967,000 3,588,000
Net Assets/Debt 1,096,000 1,096,000 761,000
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around B3 3HN
H.O. ENGINEERING LTD
4385, 02377603 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, B3 3HN
NETWORK SPECIALISTS LIMITED
5th Floor 154 Great Charles Street, Birmingham, West Midlands, B3 3HN
Document Filings
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Administrator's progress report
Statement of affairs with form AM02SOA
Notice of deemed approval of proposals
Registered office address changed from Midas House Pynes Hill Exeter Devon EX2 5WS to C/O Teneo Financial Advisory Limited 156 Great Charles Street Queensway Birmingham B3 3HN on 3 March 2022
Statement of administrator's proposal
Appointment of an administrator
Registration of charge 050001150006, created on 7 January 2022
Termination of appointment of Scott George Poulter as a director on 21 December 2021
Confirmation statement made on 19 December 2021 with no updates
Appointment of Mr Peter Iain Maynard Skoulding as a secretary on 6 July 2021
Appointment of Mr Peter Iain Maynard Skoulding as a director on 6 July 2021
Termination of appointment of Michael James Ready as a director on 10 March 2021
Termination of appointment of Michael James Ready as a secretary on 10 March 2021
Confirmation statement made on 19 December 2020 with no updates
Current accounting period extended from 30 April 2020 to 31 October 2020
Confirmation statement made on 19 December 2019 with no updates
Appointment of Mr Michael James Ready as a secretary on 1 July 2019
Appointment of Mr Michael James Ready as a director on 1 July 2019
Termination of appointment of Duncan Fraser Rogerson as a director on 1 July 2019
Termination of appointment of Duncan Fraser Rogerson as a secretary on 1 July 2019
Confirmation statement made on 19 December 2018 with no updates

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