rdg midas holdings (ni) limited
rdg midas holdings (ni) limited Company Information
Company Number
09917435
Next Accounts
Sep 2025
Shareholders
uris group limited
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
2 minster court, mincing lane, london, EC3R 7PD
Website
http://urisgroup.co.ukrdg midas holdings (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of RDG MIDAS HOLDINGS (NI) LIMITED at £0 based on a Turnover of £0 and 1.28x industry multiple (adjusted for size and gross margin).
rdg midas holdings (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of RDG MIDAS HOLDINGS (NI) LIMITED at £0 based on an EBITDA of £0 and a 4.28x industry multiple (adjusted for size and gross margin).
rdg midas holdings (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of RDG MIDAS HOLDINGS (NI) LIMITED at £0 based on Net Assets of £-1.6m and 1.87x industry multiple (adjusted for liquidity).
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Rdg Midas Holdings (ni) Limited Overview
Rdg Midas Holdings (ni) Limited is a live company located in london, EC3R 7PD with a Companies House number of 09917435. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in December 2015, it's largest shareholder is uris group limited with a 100% stake. Rdg Midas Holdings (ni) Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Rdg Midas Holdings (ni) Limited Health Check
There is insufficient data available to calculate a health check for Rdg Midas Holdings (Ni) Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (65)
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1088.5%, this is a higher level of debt than the average (54%)
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- - Industry AVG
RDG MIDAS HOLDINGS (NI) LIMITED financials
Rdg Midas Holdings (Ni) Limited's latest turnover from December 2023 is 0 and the company has net assets of -£1.6 million. According to their latest financial statements, we estimate that Rdg Midas Holdings (Ni) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | |||||
| Cost Of Sales | 0 | 0 | 0 | |||||
| Gross Profit | 0 | 0 | 0 | |||||
| Admin Expenses | 0 | 0 | 0 | |||||
| Operating Profit | 0 | 0 | -350 | 0 | 0 | -3,674,000 | -684,000 | 0 |
| Interest Payable | 0 | 0 | 867,613 | 1,306,774 | 1,303,000 | 1,303,000 | 1,203,000 | 726,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 0 | 0 | -3,684,571 | -1,306,774 | -1,303,000 | -4,977,000 | -1,887,000 | -726,000 |
| Tax | -13,000 | 0 | 0 | 0 | 249,000 | 17,000 | 232,000 | 0 |
| Profit After Tax | -13,000 | 0 | -3,684,571 | -1,306,774 | -1,054,000 | -4,960,000 | -1,655,000 | -726,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -13,000 | 0 | -3,684,571 | -1,306,774 | -1,054,000 | -4,960,000 | -1,655,000 | -726,000 |
| Employee Costs | 0 | 0 | 0 | |||||
| Number Of Employees | ||||||||
| EBITDA* | 0 | 0 | -350 | 0 | 0 | -3,674,000 | -684,000 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 2,052,000 | 3,420,000 |
| Investments & Other | 0 | 227,000 | 226,500 | 9,768,768 | 9,769,000 | 9,769,000 | 11,391,000 | 11,513,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 227,000 | 226,500 | 9,768,768 | 9,769,000 | 9,769,000 | 13,443,000 | 14,933,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 165,000 | 7,503,000 | 7,471,202 | 496,850 | 0 | 182,000 | 1,141,000 | 1,455,000 |
| Misc Debtors | 0 | 0 | 164,913 | 0 | 0 | 201,000 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 165,000 | 7,503,000 | 7,636,115 | 496,850 | 0 | 383,000 | 1,141,000 | 1,455,000 |
| total assets | 165,000 | 7,730,000 | 7,862,615 | 10,265,618 | 9,769,000 | 10,152,000 | 14,584,000 | 16,388,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,796,000 | 9,348,000 | 329,241 | 7,230,411 | 0 | 4,803,000 | 3,560,000 | 10,500,000 |
| other short term finances | 0 | 0 | 0 | 0 | 13,300,000 | 13,300,000 | 13,300,000 | 4,650,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 47,380 | 0 | 0 | 715,000 | 1,890,000 |
| total current liabilities | 1,796,000 | 9,348,000 | 329,241 | 7,277,791 | 13,300,000 | 18,103,000 | 17,575,000 | 17,040,000 |
| loans | 0 | 0 | 9,151,325 | 13,300,000 | 5,427,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 47,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 9,151,325 | 13,300,000 | 5,474,000 | 0 | 0 | 0 |
| total liabilities | 1,796,000 | 9,348,000 | 9,480,566 | 20,577,791 | 18,774,000 | 18,103,000 | 17,575,000 | 17,040,000 |
| net assets | -1,631,000 | -1,618,000 | -1,617,951 | -10,312,173 | -9,005,000 | -7,951,000 | -2,991,000 | -652,000 |
| total shareholders funds | -1,631,000 | -1,618,000 | -1,617,951 | -10,312,173 | -9,005,000 | -7,951,000 | -2,991,000 | -652,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 0 | 0 | -350 | 0 | 0 | -3,674,000 | -684,000 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -13,000 | 0 | 0 | 0 | 249,000 | 17,000 | 232,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,338,000 | -133,115 | 7,139,265 | 496,850 | -383,000 | -758,000 | -314,000 | 1,455,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -47,380 | 47,380 | 0 | -715,000 | -1,175,000 | 1,890,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,325,000 | 133,115 | -7,186,995 | -449,470 | 632,000 | -3,614,000 | 435,000 | |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -227,000 | 500 | -9,542,268 | -232 | 0 | -1,622,000 | -122,000 | 11,513,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -7,552,000 | 9,018,759 | -6,901,170 | 7,230,411 | -4,803,000 | 1,243,000 | -6,940,000 | 10,500,000 |
| Other Short Term Loans | 0 | 0 | 0 | -13,300,000 | 0 | 0 | 8,650,000 | 4,650,000 |
| Long term loans | 0 | -9,151,325 | -4,148,675 | 7,873,000 | 5,427,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -47,000 | 47,000 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | -867,613 | -1,306,774 | -1,303,000 | -1,303,000 | -1,203,000 | -726,000 |
| cash flow from financing | -7,552,000 | -132,615 | 461,335 | 449,238 | -632,000 | -60,000 | -177,000 | 14,498,000 |
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
rdg midas holdings (ni) limited Credit Report and Business Information
Rdg Midas Holdings (ni) Limited Competitor Analysis
Perform a competitor analysis for rdg midas holdings (ni) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in EC3R area or any other competitors across 12 key performance metrics.
rdg midas holdings (ni) limited Ownership
RDG MIDAS HOLDINGS (NI) LIMITED group structure
Rdg Midas Holdings (Ni) Limited has no subsidiary companies.
Ultimate parent company
THE ARDONAGH GROUP LTD
#0115889
2 parents
RDG MIDAS HOLDINGS (NI) LIMITED
09917435
rdg midas holdings (ni) limited directors
Rdg Midas Holdings (Ni) Limited currently has 3 directors. The longest serving directors include Mr Derek Coles (Apr 2020) and Ms Diane Cougill (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derek Coles | England | 65 years | Apr 2020 | - | Director |
| Ms Diane Cougill | England | 61 years | Aug 2023 | - | Director |
| Mr Antonios Erotocritou | England | 53 years | Oct 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.6m
+0.01%
total assets
165k
-0.98%
cash
0
0%
net assets
Total assets minus all liabilities
rdg midas holdings (ni) limited company details
company number
09917435
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
2 minster court, mincing lane, london, EC3R 7PD
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
rdg midas holdings (ni) 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 rdg midas holdings (ni) limited.
rdg midas holdings (ni) 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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rdg midas holdings (ni) limited Companies House Filings - See Documents
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