midas jv limited

Live Established

midas jv limited Company Information

Share MIDAS JV LIMITED

Company Number

06300426

Shareholders

giuseppe baio

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

first floor 50 whiteladies road, clifton, bristol, BS8 2NH

Website

-

midas jv limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MIDAS JV LIMITED at £0 based on a Turnover of £0 and 0.49x industry multiple (adjusted for size and gross margin).

midas jv limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MIDAS JV LIMITED at £0 based on an EBITDA of £0 and a 3.89x industry multiple (adjusted for size and gross margin).

midas jv limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of MIDAS JV LIMITED at £1.5m based on Net Assets of £719.5k and 2.11x industry multiple (adjusted for liquidity).

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Midas Jv Limited Overview

Midas Jv Limited is a live company located in bristol, BS8 2NH with a Companies House number of 06300426. It operates in the activities of head offices sector, SIC Code 70100. Founded in July 2007, it's largest shareholder is giuseppe baio with a 100% stake. Midas Jv Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Midas Jv Limited Health Check

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Health Rating0out of 5
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0 Strong

positive_score

0 Regular

positive_score

0 Weak

size

Size

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growth

Growth

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production

Production

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profitability

Profitability

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employees

Employees

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Pay Structure

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efficiency

Efficiency

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debtordays

Debtor Days

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Creditor Days

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Stock Days

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Cash Balance

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Debt Level

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MIDAS JV LIMITED financials

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Midas Jv Limited's latest turnover from July 2023 is estimated at 0 and the company has net assets of £719.5 thousand. According to their latest financial statements, we estimate that Midas Jv Limited has no employees and maintains cash reserves of £1 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover4,092,0122,075,3982,946,7802,338,9312,562,4873,127,775
Other Income Or Grants
Cost Of Sales2,819,4491,452,2162,062,9361,632,1711,784,9152,165,849
Gross Profit1,272,562623,182883,844706,760777,571961,926
Admin Expenses50-586,8751,272,562623,182559,169706,760777,571961,926
Operating Profit-50586,875324,675
Interest Payable
Interest Receivable
Pre-Tax Profit-50586,875324,675
Tax-117,375-74,675
Profit After Tax-50469,500250,000
Dividends Paid
Retained Profit-50469,500250,000
Employee Costs958,886485,157690,782545,459637,389761,069
Number Of Employees271420161923
EBITDA*-50586,875324,675

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets
Intangible Assets
Investments & Other5050505050505050
Debtors (Due After 1 year)
Total Fixed Assets5050505050505050
Stock & work in progress
Trade Debtors721,986409,486399,486364,486400,332476,832466,832
Group Debtors
Misc Debtors719,450719,450719,450719,450719,450719,450719,450721,986
Cash111111111111111
misc current assets
total current assets719,451719,451719,451719,451719,451719,451719,451721,987721,987409,487399,487364,487400,333476,833466,833
total assets719,451719,451719,451719,451719,451719,451719,451722,037722,037409,537399,537364,537400,383476,883466,883
Bank overdraft
Bank loan
Trade Creditors 472,036159,536364,536400,382476,882466,882
Group/Directors Accounts2,536
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,536472,036159,536364,536400,382476,882466,882
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities149,536
provisions
total long term liabilities149,536
total liabilities2,536472,036159,536149,536364,536400,382476,882466,882
net assets719,451719,451719,451719,451719,451719,451719,451719,501250,001250,001250,0011111
total shareholders funds719,451719,451719,451719,451719,451719,451719,451719,501250,001250,001250,0011111
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-50586,875324,675
Depreciation
Amortisation
Tax-117,375-74,675
Stock
Debtors-2,536312,50010,00035,000-35,846-76,50010,000466,832
Creditors-472,036312,500159,536-364,536-35,846-76,50010,000466,882
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations2,486-2,536149,536-149,53650
Investing Activities
capital expenditure
Change in Investments-5050
cash flow from investments50-50
Financing Activities
Bank loans
Group/Directors Accounts-2,5362,536
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-149,536149,536
share issue1
interest
cash flow from financing-2,5362,536-149,536149,5361
cash and cash equivalents
cash1
overdraft
change in cash1

midas jv limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Midas Jv Limited Competitor Analysis

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Perform a competitor analysis for midas jv limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other established companies, companies in BS8 area or any other competitors across 12 key performance metrics.

midas jv limited Ownership

MIDAS JV LIMITED group structure

Midas Jv Limited has no subsidiary companies.

Ultimate parent company

MIDAS JV LIMITED

06300426

MIDAS JV LIMITED Shareholders

giuseppe baio 100%

midas jv limited directors

Midas Jv Limited currently has 2 directors. The longest serving directors include Mr Giuseppe Baio (Jul 2007) and Ms Elaine Baio (Jul 2007).

officercountryagestartendrole
Mr Giuseppe BaioEngland71 years Jul 2007- Director
Ms Elaine BaioEngland65 years Jul 2007- Director

P&L

July 2023

turnover

0

0%

operating profit

-0.1

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2023

net assets

719.5k

0%

total assets

719.5k

0%

cash

1

0%

net assets

Total assets minus all liabilities

midas jv limited company details

company number

06300426

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

July 2007

age

18

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

midas properties baio limited (June 2008)

accountant

-

auditor

-

address

first floor 50 whiteladies road, clifton, bristol, BS8 2NH

Bank

-

Legal Advisor

-

midas jv limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to midas jv limited.

midas jv limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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midas jv limited Companies House Filings - See Documents

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