Medical Information Technology Uk Ltd
02220263
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 28/02/2026
Due 14/03/2027
Industry
Officers
director · Since 09/10/2018
FINANCE OFFCER
SOUTH AFRICAN · SOUTH AFRICA · Age 63
Also on 2 other boards
director · Since 09/10/2018
EXECUTIVE
SOUTH AFRICAN · SOUTH AFRICA · Age 81
Also on 1 other board
director · Since 09/10/2018
CHIEF EXECUTIVE
BRITISH · SOUTH AFRICA · Age 55
Also on 1 other board
director · Since 01/05/2023
CHIEF EXECUTIVE OFFICER
AMERICAN · UNITED STATES · Age 73
director · Since 01/05/2023
TECHNICAL EXECUTIVE
BRITISH · SOUTH AFRICA · Age 71
Also on 1 other board
Persons with Significant Control
Former PSCs
William C. Thompson
Ceased 09/10/2018
Alan Stockigt
Ceased 05/11/2021
John Tresling
Ceased 05/11/2021
CompanyRankvs 26+ SIC 62020 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the Company to continue as a going concern. Accordingly, the directors have a reasonable expectation that the Company will continue in operational existence and thus they continue to adopt the going concern basis of accounting in preparing th
Key FinancialsYear ending 31/12/2025
Turnover
£33.1M
Annual revenue
Net Worth
£13.7M
Balance sheet strength
Cash
£4.7M
Cash in the bank
Profit Before Tax
£8.4M
Bottom line earnings
Net Current Assets
£13.7M
Working capital
Current Assets
£22.4M
Current Liabilities
£8.7M
Fixed Assets
£15k
Debtors
£17.8M
Cost of Sales
£22.1M
Gross Profit
£11.0M
Admin Expenses
£3.1M
Operating Profit
£8.3M
Profit After Tax
£6.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.58 |
Derived from filed accounts. Not audited figures.