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Ostomed Limited

01845674

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

REEDHAM HOUSE, MANCHESTER, M3 2PJ
Incorporated 04/09/1984

Compliance

Last accounts

30/09/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

46900
Non-specialised wholesale trade
47730
Dispensing chemist in specialised stores

Officers

Mr Robert Anthony Ainsworth

director · Since 31/07/1991

OSTOMY SUPPLIER

BRITISH · ENGLAND · Age 76

Also on 1 other board

Mrs Christine Lynn Ainsworth

director · Since 11/01/1995

SURGICAL APPLIANCE SUPPLIER

BRITISH · ENGLAND · Age 74

Also on 1 other board

Christine Lynn Ainsworth

secretary · Since 29/01/2002

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Mr Michael Dale

director · Since 25/08/2021

DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 50

Persons with Significant Control

Mr Michael Dale

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

British · England · Age 50

Reedham House, 31 King Street West, Manchester, M3 2PJ

Notified 30/10/2025

Former PSCs

Mr Robert Anthony Ainsworth

Ceased 30/10/2025

Charges5 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 31/08/2016Registered 01/09/2016
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 16/06/2013Registered 24/06/2013
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 19/06/2013Registered 20/06/2013
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 06/07/2007Registered 07/07/2007
charge
outstanding

WILLIAM ASHLEY KENT

Created 28/02/2001Registered 08/03/2001
charge
satisfied

YORKSHIRE BANK PLC

Created 06/10/1999Registered 09/10/1999Satisfied 18/04/2013
charge
satisfied

LLOYDS BANK PLC

Created 15/05/1992Registered 19/05/1992Satisfied 30/08/2000

CompanyRankvs 1694+ SIC 46900 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£22.2M

Annual revenue

Net Worth

£2.6M

Balance sheet strength

Cash

£253k

Cash in the bank

Profit Before Tax

£119k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£5.2M

Current Liabilities

£3.4M

Fixed Assets

£895k

Debtors

£4.1M

Cost of Sales

£18.5M

Gross Profit

£3.7M

Admin Expenses

£2.8M

Operating Profit

£121k

Profit After Tax

£83k

67avg. employees-2

Tax at Year End

Corp tax£41k

People Costs

Wages & salaries£1.8M
NI contributions£169k

Balance Sheet

Bank loans & overdrafts£26k
Assets less current liabilities£2.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.52+£83k
20231.41+£107k
20221.44-£134k
20211.50+£234k
20201.43

Derived from filed accounts. Not audited figures.