About
Midgard Ltd is a UK construction contractor with its registered office in Borehamwood. Its main company at Companies House is MIDGARD LTD (company number 05718686, incorporated in 2006). Companies House lists its activities as commercial building, housebuilding. It files payment practices reports with the government, so its payment record is shown below.
Key figures
- Profit before tax, year to Mar 2026
- £11.0m
- Margin 2.7% (-2.7% the year before)
- Accounts at Companies House
- Average days to pay suppliers, Nov 2025 to Apr 2026
- 57 days
- 28% paid within 30 days, 30% not paid to agreed terms
- Government payment practices report
Payment record
Midgard Ltd pays suppliers in an average of 57 days: 118th fastest of 122 companies on our payment league table.
Midgard Ltd's average time to pay its suppliers in each six-month report, the first ending Jun 2020.
| Period ending | Average days | Paid within 30 days | Not paid to agreed terms |
|---|---|---|---|
| Jun 20 | 32 | 67% | 14% |
| Dec 20 | 32 | 69% | 15% |
| Jun 21 | 32 | 67% | 14% |
| Dec 21 | 31 | 70% | 11% |
| Jun 22 | 30 | 69% | 6% |
| Dec 22 | 30 | 70% | 6% |
| Jun 23 | 42 | 62% | 9% |
| Dec 23 | 44 | 55% | 17% |
| Jun 24 | 45 | 48% | 18% |
| Dec 24 | 48 | 42% | 19% |
| Jun 25 | 59 | 35% | 28% |
| Oct 25 | 57 | 32% | 30% |
| Apr 26 | 57 | 28% | 30% |
Payment practices reports, Check Payment Practices (GOV.UK). Each point is one six-month report covering all suppliers.
Paid within 30 days, and not paid within the agreed terms, in each report. A rising late share is the warning sign to watch.
Payment practices reports, Check Payment Practices (GOV.UK). Each point is one six-month report covering all suppliers.
- 28%22%50%
Latest payment practices report.
Average days to pay
Midgard Ltd: 57 days
Latest report for each company on the payment league table.
Financial history
Turnover, profit, margin, net assets, cash and staff over 6 years, read from the company's own accounts at Companies House.
CR Signals
Construction Rating's checks on payment and financial health, built from public data. Not a credit score or a credit report. How CR Signals work
Company record4 green, 3 info
- Green
Active company.
Companies House · Last checked 19 Oct 2026
- Green
No insolvency cases on record.
Companies House · Last checked 19 Oct 2026
- Green
Accounts up to date (next due 31 Dec 2027).
Companies House · Last checked 19 Oct 2026
- Green
Confirmation statement up to date.
Companies House · Last checked 19 Oct 2026
- Info
Latest accounts: full, made up to 31 Mar 2026.
Companies House · Source date: 31 Mar 2026 · Last checked 19 Oct 2026
- Info
1 outstanding charge, newest 20 Dec 2024.
Companies House · Last checked 19 Oct 2026
- Info
Incorporated 22 Feb 2006.
Companies House · Source date: 22 Feb 2006 · Last checked 19 Oct 2026
Payment behaviour1 red, 1 amber, 3 info
- Amber
Average 57 days to pay (Nov 2025 to Apr 2026).
Payment practices report (GOV.UK) · Source date: 30 Apr 2026 · Last checked 19 Oct 2026
- Red
28% of invoices paid within 30 days, 22% in 31 to 60 days, 50% after 60 days. 30% not paid within agreed terms.
Payment practices report (GOV.UK) · Source date: 30 Apr 2026 · Last checked 19 Oct 2026
- Info
Average time to pay unchanged at 57 days since the previous report (May 2025 to Oct 2025).
Payment practices report (GOV.UK) · Source date: 30 Apr 2026 · Last checked 19 Oct 2026
- Info
Uses retention clauses in construction contracts, same terms as its own client retentions, retentions held equal 1% of payments (Nov 2025 to Apr 2026).
Payment practices report (GOV.UK) · Source date: 30 Apr 2026 · Last checked 19 Oct 2026
- Info
Not listed on the Fair Payment Code.
Office of the Small Business Commissioner · Last checked 19 Oct 2026
Latest accounts1 green
- Green
The auditor reported no material uncertainty about going concern in the accounts to 31 March 2026.
Companies House accounts · Source date: 31 Mar 2026 · Last checked 14 Oct 2026
Insolvency notices1 green
- Green
No Gazette insolvency notices in the last 24 months.
The Gazette · Last checked 19 Oct 2026
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Write a ReviewCompany Details
- Address
- 4 Elstree Way, Borehamwood, Herts, WD6 1RN
- Website
- Visit website
- Companies House
- 05718686