MIDAS TELECOM SOLUTIONS (SW) LIMITED

Active
Company number 08260544Private limited companyIncorporated 2012

Key figures

£74,367+8.5%
Net assets 2024/25
+19.5%
Average annual growth 2019/20–2024/25
020 k40 k60 k80 k2019/202020/212021/222022/232023/242024/25

Like most small UK companies, MIDAS TELECOM SOLUTIONS (SW) LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 61100

Where the company stands among the 3,150 active companies whose first SIC code is 61100 (Wired telecommunications activities).

Net assets£74,367
Higher than 71% · median £13,363
Total assets£143,623
Higher than 65% · median £58,957
Cash£2,558
Lower than 82% · median £34,731
Employees3
Higher than 75% · median 1
Company age14.1 years
Older than 71% · median 8.4 years
Largest in this sector by net assets
  1. OPEN FIBRE NETWORKS LIMITED£190.5m
  2. SALTCO II LIMITED£120.4m
  3. SALTCO LIMITED£120m
  4. F & W NETWORKS LTD£93.4m
  5. EXPONENTIAL-E LIMITED£87.5m
  6. GLIDE HOLDINGS LIMITED£79.8m
  7. MS3 NETWORKS LIMITED£47.6m
  8. SOUTHERN COMMUNICATIONS LIMITED£45.6m
  9. TELSTRA UK LIMITED£43m
  10. SCG CLOUD LIMITED£40.4m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 3,150. The line on each bar marks the median.

Summary: MIDAS TELECOM SOLUTIONS (SW) LIMITED

What kind of company is it?

MIDAS TELECOM SOLUTIONS (SW) LIMITED is a private limited company registered with Companies House under company number 08260544. It was incorporated on 19 Oct 2012. Its status is active. The registered office is in Bridgend (CF31). Its nature of business (SIC 2007) is wired telecommunications activities (61100).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Oct 2025); the company files small company accounts (filleted). Net assets were £74,367, up 8.5% on the previous year. Cash at bank and in hand was £2,558. Total assets were £143,623 and total liabilities £69,256. The company had an average of 3 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 3,150 active companies whose first SIC code is 61100: By net assets it ranks higher than 71% of them (median £13,363). By total assets it ranks higher than 65% of them (median £58,957). By cash it ranks lower than 82% of them (median £34,731). By number of employees it ranks higher than 75% of them (median 1). It is older than 71% of them (median age 8.4 years).

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered. 1 of 1 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Jul 2027. The next confirmation statement is due by 6 Dec 2026.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand———22,1792,558
Total assets193,156192,674328,436279,506143,623
Total liabilities163,977191,520280,211210,96969,256
Net assets / total equity29,1791,15448,22568,53774,367
Average number of employees55553

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

IT and Telecom provider

As described in the company's latest filed accounts.

History

21 events
  1. Brian STOKES resignedDirector
  2. Matthew MUTLOW appointedDirector
  3. Financial year 2024/25 endedAccounts: net assets £74.4k, 3 employees
  4. Financial year 2023/24 endedAccounts: net assets £68.5k, 5 employees
  5. Julian Noel Williams HOPKINS resignedDirector
  6. Mark Richard PRESS resignedDirector
  7. Brian STOKES appointedDirector
  8. Itcs (Uk) Ltd registered as a person with significant control
Earlier events (13)
  1. Mr Julian Hopkins ceased to be a person with significant control
  2. Financial year 2022/23 endedAccounts: net assets £48.2k, 5 employees
  3. Mr Mark Richard Press ceased to be a person with significant control
  4. Financial year 2021/22 endedAccounts: net assets £1,154, 5 employees
  5. Financial year 2020/21 endedAccounts: net assets £29.2k, 5 employees
  6. Financial year 2019/20 endedAccounts: net assets £30.6k, 4 employees
  7. Mr Julian Hopkins registered as a person with significant control
  8. Mr Mark Richard Press registered as a person with significant control
  9. Kevin Paul BARKER resignedDirector
  10. Kevin Paul BARKER appointedDirector
  11. Julian Noel Williams HOPKINS appointedDirector
  12. Mark Richard PRESS appointedDirector
  13. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.