Midas Transport Limited in Spalding, PE11 3SW

Description

Data updated on: 01-11-2023

Midas Transport Limited,registered as Private Limited Company, registered in Stephenson Avenue, Pinchbeck, Spalding. The headquarters' zip code PE11 3SW. This firm has been in existence since 1999. The registration number is 03703563. The enterprise's SIC and NACE codes are 49410: Freight transport by road. Monday 30th January 2023 is the last time when the accounts were filed.

Midas Transport Ltd is a large-sized transport company with the licence number OF0231588. The firm has two transport operating centres in the country. In their subsidiary in Spalding on Fulney Farm, 20 machines and 15 trailers are available. The centre in Spalding on Enterprise Way has 20 machines and 25 trailers.

Within the company, the full scope of director's assignments have so far been carried out by Michael S. who was selected to lead the company in 1999 in January. For 5 years David A., had been functioning as a director for the following company until the resignation on 4th March 2004.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-01-31	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-30	2020-01-30	2021-01-30	2022-01-30	2023-01-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	116 809	84 803	29 044	35 802	119 196	135 227

Balance Sheet
Cash Bank On Hand						575				9 459	25 887	8 129	80 170
Current Assets	445 125	396 766	436 404	471 949	435 869	490 693	539 017	469 240	738 982	941 651	857 742	1 088 099	1 096 184
Debtors	421 426	392 929	432 568	468 118	432 038	490 118	539 017	420 776	681 864	845 207	759 772	1 039 569	970 183
Net Assets Liabilities						135 227	185 082	62 256	-82 582	84	49 659	305 740	422 549
Other Debtors						40 171	26 665	4 347		8 005	3 838	4 876	4 138
Property Plant Equipment						662 729	708 815	664 166	812 945	782 816	914 993	1 113 513	1 215 712
Total Inventories							25 998	48 464	57 118	86 985	72 083	40 401	45 831
Cash Bank In Hand	23 699	3 837	3 836	3 831	3 831	575
Net Assets Liabilities Including Pension Asset Liability	116 809	84 803	29 044	35 802	119 196	135 227
Tangible Fixed Assets	169 609	227 078	244 733	172 608	251 225	662 730

Capital & Reserves
Called Up Share Capital	50	50	50	50	50	50
Profit Loss Account Reserve	122 224	90 218	34 459	41 217	124 611	140 642
Shareholder Funds	116 809	84 803	29 044	35 802	119 196	135 227

Other Financial Data
Accrued Liabilities								4 452	68 570	69 957	83 443
Accumulated Depreciation Impairment Property Plant Equipment						416 217	505 800	475 449	449 349	488 248	525 775	494 766	601 761
Additions Other Than Through Business Combinations Property Plant Equipment							135 669	58 000	220 225	8 772	169 703
Average Number Employees During Period						15	16	17	18	22	23	24	19
Bank Borrowings						252 242	245 247	234 339	399 894	386 673	412 903
Bank Borrowings Overdrafts											412 902	385 494	359 437
Bank Overdrafts						335 798	403 882	355 489	595 331	664 731	629 769
Creditors						277 590	276 894	283 512	448 954	397 189	458 398	493 639	515 829
Disposals Decrease In Depreciation Impairment Property Plant Equipment								-105 295	-91 271
Disposals Property Plant Equipment								-133 000	-97 547
Finance Lease Liabilities Present Value Total						25 348	31 647	49 173	27 373	8 829	45 496
Increase From Depreciation Charge For Year Property Plant Equipment							89 583	74 944	65 171	38 900	37 527	70 106	108 167
Net Current Assets Liabilities	-10 043	-88 693	-120 001	-80 753	-29 347	-202 586	-208 211	-286 000	-425 857	-371 734	-378 270	-253 562	-173 728
Other Creditors						30 942	40 985	20 719	13 073	18 062	15 316	108 145	156 392
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment												101 114	1 172
Other Disposals Property Plant Equipment												111 030	1 400
Other Remaining Borrowings									21 687	1 687	1 697
Other Taxation Social Security Payable											86 705	117 583	85 585
Prepayments								4 347	1 710	65 656	3 838
Property Plant Equipment Gross Cost						1 078 946	1 214 615	1 139 615	1 262 294	1 271 064	1 440 767	1 608 279	1 817 473
Provisions For Liabilities Balance Sheet Subtotal						47 326	38 628	32 398	20 716	13 809	28 666	60 572	103 606
Taxation Social Security Payable						27 770	40 468	53 964	84 335	70 203	75 845
Total Additions Including From Business Combinations Property Plant Equipment												278 542	210 594
Total Assets Less Current Liabilities	159 566	138 385	124 732	91 855	221 878	460 144	500 604	378 166	387 088	411 082	536 724	859 951	1 041 984
Total Borrowings						277 590	276 894	283 512	448 954	397 189	458 399
Trade Creditors Trade Payables						231 726	211 337	287 911	344 294	375 747	365 914	298 667	304 129
Trade Debtors Trade Receivables						449 948	512 352	416 429	680 154	771 546	755 933	1 034 693	966 045
Work In Progress							25 998	48 464	57 118	86 985	72 083
Capital Redemption Reserve	-22 450	-22 450	-22 450	-22 450	-22 450	-22 450
Creditors Due After One Year	22 294	34 148	72 792	37 625	70 988	277 591
Creditors Due Within One Year	455 168	485 459	556 405	552 702	465 216	693 279
Fixed Assets	169 609	227 078	244 733	172 608	251 225	662 730
Instalment Debts Due After5 Years						207 958
Number Shares Allotted	50	50	50	50	50	50
Par Value Share		1	1	1	1	1
Provisions For Liabilities Charges	20 463	19 434	22 896	18 428	31 694	47 326
Revaluation Reserve	16 985	16 985	16 985	16 985	16 985	16 985
Value Shares Allotted	50	50	50	50	50	50

Company staff

Michael S.

Role: Director

Appointed: 28 January 1999

Latest update: 22 April 2024

Diane S.

Role: Secretary

Appointed: 04 March 2004

Resigned: 28 January 2017

Latest update: 22 April 2024

Waterlow Secretaries Limited

Role: Corporate Nominee Secretary

Appointed: 28 January 1999

Resigned: 28 January 1999

Address: London, N1 7JQ

Latest update: 22 April 2024

Waterlow Nominees Limited

Role: Corporate Nominee Director

Appointed: 28 January 1999

Resigned: 28 January 1999

Address: London, N1 7JQ

Latest update: 22 April 2024

David A.

Role: Director

Appointed: 28 January 1999

Resigned: 04 March 2004

Latest update: 22 April 2024

David A.

Role: Secretary

Appointed: 28 January 1999

Resigned: 04 March 2004

Latest update: 22 April 2024

People with significant control

Michael S. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Michael S.

Notified on 28 January 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 October 2024
Account last made up date	30 January 2023
Confirmation statement next due date	11 February 2024
Confirmation statement last made up date	28 January 2023

Annual Accounts 15 May 2012
Start Date For Period Covered By Report	2011-02-01
End Date For Period Covered By Report	2012-01-31
Date Approval Accounts	15 May 2012
Annual Accounts 13 August 2013
Start Date For Period Covered By Report	2012-02-01
End Date For Period Covered By Report	31 January 2013
Date Approval Accounts	13 August 2013
Annual Accounts 22 July 2014
Start Date For Period Covered By Report	2013-02-01
End Date For Period Covered By Report	2014-01-31
Date Approval Accounts	22 July 2014
Annual Accounts 18 August 2015
Start Date For Period Covered By Report	2014-02-01
End Date For Period Covered By Report	2015-01-31
Date Approval Accounts	18 August 2015
Annual Accounts 4 October 2016
Start Date For Period Covered By Report	2015-02-01
Date Approval Accounts	4 October 2016
Annual Accounts
Start Date For Period Covered By Report	2016-02-01
Annual Accounts
Start Date For Period Covered By Report	2017-02-01
End Date For Period Covered By Report	2018-01-31
Annual Accounts
Start Date For Period Covered By Report	2018-02-01
End Date For Period Covered By Report	2019-01-30
Annual Accounts
Start Date For Period Covered By Report	2019-01-31
End Date For Period Covered By Report	2020-01-30
Annual Accounts
Start Date For Period Covered By Report	2020-01-31
End Date For Period Covered By Report	2021-01-30
Annual Accounts
Start Date For Period Covered By Report	2021-01-31
End Date For Period Covered By Report	2022-01-30
Annual Accounts
Start Date For Period Covered By Report	2022-01-31
End Date For Period Covered By Report	2023-01-30
Annual Accounts
End Date For Period Covered By Report	2016-01-31
Annual Accounts
End Date For Period Covered By Report	2017-01-31

Midas Transport Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Michael S.

Diane S.

Waterlow Secretaries Limited

Waterlow Nominees Limited

David A.

David A.

People with significant control

Michael S.

Accounts Documents

Company Vehicle Operator Data

Keith Butters Ltd

Address

City

Postal code

No. of Vehicles

No. of Trailers

Plot 1 Off Stephenson Avenue

Address

City

Postal code

No. of Vehicles

No. of Trailers

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