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Medtec Design Services Limited

01603204

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

EXCHANGE HOUSE, NEWPORT, PO30 5BZ
Incorporated 09/12/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Dominic Lawrence Urry

director · Since 17/03/2026

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr Robert Luigi Urry

director · Since 17/03/2026

BRITISH · ENGLAND · Age 74

Also on 2 other boards

Persons with Significant Control

Rad Engineering Group Limited

75–100% shares
75–100% votes
Appoint directors

Unit 3 164-170, Unit 3 164-170, Crowthorne, RG45 7AT

Reg: 16875814 · England & Wales · Limited Company

Notified 17/03/2026

Former PSCs

Mr Daniel Carley

Ceased 17/03/2026

Mr Andrew Durrell

Ceased 15/02/2023

Mr Christopher Hooper

Ceased 17/03/2026

Charges1 outstanding

Charge
outstanding

BEF BSC 2 LTD

Created 19/03/2026Registered 19/03/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/01/1991Registered 22/03/1991Satisfied 17/03/2026

CompanyRankvs 779+ SIC 74100 peers
74

Financial strength92th percentile among SIC peers · 23/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£109k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£101k

Working capital

Current Assets

£129k

Current Liabilities

£29k

Fixed Assets

£8k

2avg. employees-4

Balance Sheet

Assets less current liabilities£109k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.52+£18k
20242.33+£23k
20233.54-£28k
20225.14-£3k
20212.81-£30k
20203.16-£12k
20196.63+£33k
20172.74

Derived from filed accounts. Not audited figures.