Cash

£38K

-5.3% vs 2022

Net assets

-£605K

-153.3% vs 2022

Employees

3

0% vs 2022

Profit before tax

-£366K

-54.3% vs 2022

Profile

Company number
13451691
Status
Active
Incorporation
2021-06-11
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
66190
Hubs
UK Fintech

Net assets

4-year trend · vs UK Fintech median

£0£1£12021202120222023
MAYDAN CAPITAL LTD

Accounts

4-year trend · latest 2023-12-31

Metric Trend 2021-06-112021-12-312022-12-312023-12-31
Turnover
Operating profit -£1,556
Profit before tax -£237,388-£366,379
Net profit -£1,556-£237,388-£366,379
Cash £995£40,227£38,078
Total assets less current liabilities -£1,555-£238,943-£605,322
Net assets -£1,555
Equity £1-£1,555-£238,943-£605,322
Average employees 233
Wages £37,883£177,516

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Vision Consulting Accountants Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The financial statements have been prepared on the going concern basis, which assumes that the Company will continue to trade for at least 12 months from the date of approval of these financial statements, and will be able to meet its liabilities as they fall due. As at the reporting date, the Company had net liabilities of £1,596,855 (2023: £605,322). The Company places reliance on its fellow group undertakings to meet its liabilities as they fall due. With the relevant letters of support in place, the Directors are confident that the Company has access to sufficient working capital to support the business for the foreseeable future. Therefore, the Directors deem the use of the going concern basis appropriate.”

Subsidiaries

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

2 active · 3 resigned

Name Role Appointed Born Nationality
ALAM, Safdar Director 2024-12-19 Feb 1971 British
MEERA SREEDHARAN, Rajeev Director 2023-05-09 Mar 1988 Indian
Show 3 resigned officers
Name Role Appointed Resigned
ALAM, Mohammed Safdar Director 2021-06-11 2023-12-07
DAVIES, Trevor Alan Lewis Director 2022-01-03 2022-10-18
SULEMAN, Umer Director 2023-12-30 2024-12-19

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Wahed Invest Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-06-11 Active

Filing timeline

Last 20 of 28 total filings

Date Type Category Description
2025-11-04 SH01 capital capital allotment shares
2025-10-15 SH01 capital capital allotment shares
2025-10-15 SH01 capital capital allotment shares
2025-07-06 CS01 confirmation-statement confirmation statement with no updates
2025-05-16 AA accounts accounts with accounts type full
2024-12-24 AP01 officers appoint person director company with name date
2024-12-24 TM01 officers termination director company with name termination date
2024-08-09 PSC05 persons-with-significant-control change to a person with significant control
2024-08-09 CH01 officers change person director company with change date
2024-07-15 AA accounts accounts with accounts type full
2024-06-26 CS01 confirmation-statement confirmation statement with no updates
2024-01-07 AP01 officers appoint person director company with name date
2023-12-07 TM01 officers termination director company with name termination date
2023-09-29 AA accounts accounts with accounts type full
2023-07-12 CH01 officers change person director company with change date
2023-06-22 CS01 confirmation-statement confirmation statement with updates
2023-05-17 AD01 address change registered office address company with date old address new address
2023-05-10 AP01 officers appoint person director company with name date
2023-04-27 AD01 address change registered office address company with date old address new address
2023-04-27 AD01 address change registered office address company with date old address new address

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires retained earnings proxy, book equity — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page