MIDEA HOME APPLIANCES UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-04-26
Overdue
Watchouts
Cash
£4M
+82% highest in 6 filed years
Net assets
-£221K
+38.6% vs 2023
Employees
17
+70% highest in 5 filed years
Profit before tax
£144K
+134.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-26.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-04-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,021,443 | £23,104,895 | |
| Operating profit | — | — | — | — | -£404,120 | £55,725 | |
| Profit before tax | — | — | — | — | -£415,325 | £143,549 | |
| Net profit | — | — | — | — | -£415,325 | £139,302 | |
| Cash | £0 | £154,175 | £841,446 | £2,670,958 | £2,409,562 | £4,386,536 | |
| Total assets less current liabilities | — | — | £588,747 | £475,166 | -£360,787 | -£221,485 | |
| Net assets | — | — | £26,428 | £54,538 | -£360,787 | -£221,485 | |
| Equity | £99,983 | £29,189 | £26,428 | £54,538 | -£360,787 | -£221,485 | |
| Average employees | — | 2 | 2 | 6 | 10 | 17 | |
| Wages | — | — | — | — | £559,035 | £833,782 | |
| Directors' remuneration | — | — | — | — | £48,300 | £146,248 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+77.4%
£13,021,443 £23,104,895
-
Cash
+82%
£2,409,562 £4,386,536
highest in 6 filed years
-
Net assets
+38.6%
-£360,787 -£221,485
-
Employees
+70%
10 17
highest in 5 filed years
-
Operating profit
+113.8%
-£404,120 £55,725
-
Profit before tax
+134.6%
-£415,325 £143,549
-
Wages
+49.1%
£559,035 £833,782
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-04-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -3.1% | 0.2% | |
| Net margin | — | — | — | — | -3.2% | 0.6% | |
| Return on capital employed | — | — | — | — | 112.0% | -25.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | 102.8% | 101.3% | |
| Current ratio | — | — | — | — | 0.97x | 0.99x | |
| Interest cover | — | — | — | — | -36.07x | 431.98x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Alliotts LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The accounts have been prepared on a going concern basis. The directors note that the company's balance sheet shows net current liabilities of £261,382. They have considered internal forecasts covering a period of at least 12 months from the date of signing the financial statements. The company meets its day-to-day working capital requirements through trading activities and financial support from its parent company. The parent company has confirmed that it will continue to provide financial support to the Company to enable it to continue trading and to meet its liabilities as they fall due. This support is committed for at least 12 months from the date the financial statements are signed. The directors believe that the company can successfully manage its business risks and, after making relevant enquiries, the director has a reasonable expectation that the company will have access to adequate resources from the group to continue to trade for the foreseeable future and therefore believe it is appropriate to continue to adopt the going concern basis in preparing the annual report and accounts.”
Significant events
- “In September 2023, a product line sold by the company was subject to a government product safety recall. The company agreed certain mitigation measures in respect of the product, the costs of which are covered by the wider Midea group as product manufacturer. No provision in respect of these costs has therefore been recognised in these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR WESSING SECRETARIES LIMITED | Corporate Secretary | 2018-04-13 | — | — |
| YUEN, Ka Ming Larry | Director | 2025-09-17 | Oct 1971 | Chinese |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FU, Jian | Director | 2021-05-07 | 2023-03-10 |
| FU, Wei | Director | 2023-03-10 | 2024-11-18 |
| HUANG, He | Director | 2018-09-07 | 2020-06-11 |
| LIU, Tao | Director | 2023-06-08 | 2025-09-17 |
| MA, Chibing, Mr. | Director | 2024-11-18 | 2025-09-17 |
| SHI, Jijun | Director | 2018-04-13 | 2018-09-06 |
| WENXIN, Zhao | Director | 2020-06-11 | 2021-05-07 |
| HUNTSMOOR LIMITED | Corporate Director | 2018-04-13 | 2018-04-13 |
| HUNTSMOOR NOMINEES LIMITED | Corporate Director | 2018-04-13 | 2018-04-13 |
| MIDEA ELECTRICS NETHERLANDS B.V. | Corporate Director | 2018-09-07 | 2018-09-10 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 38 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-27 | AA | accounts | Accounts with accounts type full | |
| 2025-09-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type small | |
| 2024-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-12 | CH01 | officers | Change person director company with change date | |
| 2024-03-28 | AA | accounts | Accounts with accounts type small | |
| 2023-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-24 | AA | accounts | Accounts with accounts type small | |
| 2022-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-01 | AA | accounts | Accounts with accounts type small | |
| 2021-07-09 | CH01 | officers | Change person director company with change date | |
| 2021-07-09 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.