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Medcom (London) Limited

02411690

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

43 MANCHESTER STREET, LONDON, W1U 7LP
Incorporated 08/08/1989

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 20/12/2025

Due 03/01/2027

On track

Industry

01610
Support activities for crop production

Officers

Mr Patrick John Savage

director · Since 14/05/1992

COMMODITY BROKER

IRISH · ENGLAND · Age 76

Also on 3 other boards

Marian Teresa Savage

secretary · Since 13/08/1997

BRITISH · Age 72

Also on 2 other boards

Persons with Significant Control

Mr Patrick John Savage

75–100% shares

Irish · United Kingdom · Age 76

43, Manchester Street, London, W1U 7LP

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/03/2004Registered 10/04/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/03/2004Registered 18/03/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/02/1996Registered 28/02/1996

CompanyRankvs 107+ SIC 01610 peers
61

Financial strength90th percentile among SIC peers · 23/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 22.37× · 20/20
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 strength23/25 pts

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

Employees8/15 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

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/06/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£195k

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£195k

Current Liabilities

£9k

Fixed Assets

£1.2M

Debtors

£36

2avg. employees

Tax at Year End

Corp tax£4k

Director Loans

Company owes directors£85

Balance Sheet

Assets less current liabilities£1.4M
Signed by Mr Patrick Savage 03/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202522.37-£40k
202418.24-£86k£22k
202310.84-£107k£22k
20220.37+£14k£10k
20210.29-£23k
20200.73+£85k
20190.20-£3k
20180.16

Derived from filed accounts. Not audited figures.