Midas Tanks

Midas Heating Oil and Diesel Tanks Image

Midas Tanks Limited including Tradechart Limited

Midas Tanks Limited was a Worcestershire based storage tank supplier of Single Skin and Bunded Fuel Oil Tanks, with manufacturing operations in Portadown, Co. Armagh. The company lost its golden touch in 2006 and ceased trading, with debts of almost £1.5m. Midas Tanks’ assets were subsequently sold to Tradechart Limited.

Tradechart relocated production operations from Northern Ireland to Worcestershire, where the manufacture of tanks under the Midas brand re-commenced. Tradechart followed Midas into administration in early 2008 with debts of over £400,000. Following the demise of Tradechart, the manufacture of Midas brand tanks was discontinued and technical support withdrawn.

You can read more about the failure of Midas Tanks Limited and Tradechart Limited by clicking the links below:

Midas Loses Its Golden Touch

How Midas Tanks Limited Lost Its Golden Touch

Tradechart Encounters Financial Difficulties

Tradechart Crashes With Debts Of Over £450,000

Supply

Midas Tanks were supplied through Midas Tanks Limited and Tradechart Limited to fuel distributors, plumbers’ merchants, builders’ merchants and oil tank installers, primarily in Great Britain, the Channel Islands, Isle of Man and a small number of export markets. Only small quantities of Midas Tanks were supplied to customers in Northern Ireland and the Republic of Ireland.

At no time has Fuel Tank Store supplied any products manufactured by either Midas Tanks Limited or Tradechart Limited.

Warranty 

Midas tanks were supplied with conditional warranties of up to 10-years. Any product warranty will have now expired. Unused and second-hand Midas tanks do occasionally still appear for sale online. However, anyone considering the purchase of such a tank should be aware it will be supplied without manufacturer warranty or support. 

Tank Replacement

Given the manufacture of Midas brand tanks has ceased, it is no longer possible to replace an existing Midas brand tank with another. The good news however is that other manufacturers produce tanks of a similar capacity and with similar ‘footprint’. Below, we’ve listed Midas models, together with suggested replacement tanks from Carbery Plastics, Diamond Tanks and Harlequin Manufacturing.

Replacement: Midas Single Skin Plastic Heating Oil Tanks

Midas' range of Single Skin Heating Oil Tanks comprised 5 models in a range of capacities from c.1,200 litres to c.2,500 litres. All models were supplied as standard with a Bottom Outlet Oil Tank Fitting Kit. Early models also featured an Apollo Ultrasonic Oil Monitor, whilst later products were supplied instead with a Hydrostatic Oil Tank Contents Gauge. 

Midas 1200SM Plus Slimline Single Skin Heating Oil Tank*

Midas 1350HM Plus Horizontal Low Profile Single Skin Heating Oil Tank*

Midas 1400VM Plus Vertical Single Skin Heating Oil Tank*

Midas 2400HM Plus Horizontal Single Skin Heating Oil Tank*

Midas 2500VM Plus Vertical Single Skin Heating Oil Tank*

* Please note that before installing any Single Skin Heating Oil Tank, a Risk Assessment must be undertaken to determine suitability. Installing an uncontained Single Skin Heating Oil Tank at an installation where secondary containment is required, is an offence. Click here for further information. 1 Suitable for installation only within a suitably bunded area. 

Replacement: Midas Bunded Plastic Heating Oil Tanks

Midas' range of Bunded Plastic Heating Oil Tanks consisted of 6 models in a choice of capacities, from c.1,200 litres to 5,000 litres. Like the company's range of Single Skin Tanks, all Midas Bunded Tanks were supplied as standard with a Bottom Outlet Oil Tank Fitting Kit. Early models also featured an Apollo Ultrasonic Oil Monitor, whilst later products were supplied instead with a Hydrostatic Oil Tank Contents Gauge.

Midas 1200BSM Slimline Bunded Heating Oil Tank 

Midas 1350BHM Horizontal Bunded Heating Oil Tank 

Midas 1400BVM Vertical  Bunded Heating Oil Tank

Midas 2400BHM Horizontal Bunded Heating Oil Tank

Midas 2500BVM Vertical Bunded Heating Oil Tank

Midas 5000BVM Vertical Bunded Heating Oil Tank

Midas Fuel Centre Bunded Plastic Diesel Storage and Dispensing Tanks

Midas offered a limited range of Bunded Diesel Storage and Dispensing Tanks, in a choice of capacities from c.1,350 litres to c.5,000 litres. The smaller capacity models, were repurposed Bunded Heating Oil Tanks, fitted with a fuel delivery system. The 5,000 litres model combined the company's 5000BVM Bunded Heating Oil Tank and combined it with a 'bolt-on' cabinet, incorporating the fuel transfer system. It is understood that only limited quantities were shipped, prior to the company's demise. 

Midas 1350BFC Fuel Centre Bunded Diesel Dispensing Tank 

Midas 2500BFC Fuel Centre Bunded Diesel Dispensing Tank

Midas 5000BFC Fuel Centre Bunded Diesel Dispensing Tank 

Queries? Questions?

If you’re replacing or upgrading a Midas Heating Oil or Diesel Storage Tank and have queries or questions over a suitable replacement, our Customer Support Team is here to help. You can call us on 01789 632 151 in the UK, Channel Islands and Isle of Man and on 01 5268 642 in the Republic of Ireland. You can also e-mail hello@fueltank.store. We’re open weekdays from 9am to 5pm - excluding Public Holidays.