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Micromode Medical Limited

02698578

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 514 CENTENNIAL AVENUE, ELSTREE, WD6 3FG
Incorporated 19/03/1992

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

86900
Other human health activities

Officers

Mr Dean Warren Nathanson

director · Since 03/04/1992

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Shilen Thakker

director · Since 01/07/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Mr Shilen Thakker

secretary · Since 30/06/2006

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Persons with Significant Control

Mr Dean Warren Nathanson

Significant control

British · England · Age 58

Unit 514, Centennial Avenue, Elstree, WD6 3FG

Notified 06/04/2016

Mr Shilen Thakker

25–50% shares
25–50% votes

British · England · Age 53

Unit 514, Centennial Avenue, Elstree, WD6 3FG

Notified 30/10/2017

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 09/01/2015Registered 19/01/2015
charge
outstanding

BARCLAYS BANK PLC

Created 17/02/1999Registered 02/03/1999

CompanyRankvs 42+ SIC 86900 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.24× · 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 strength25/25 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.

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 31/12/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£3.3M

Current Liabilities

£1.5M

Fixed Assets

£6k

Debtors

£24k

23avg. employees

Tax at Year End(2023)

Corp tax£48k

Director Loans(2018)

Company owes directors£795

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.24-£893k
20234.66-£805k
20223.03+£183k
20213.04-£773k
20208.60+£146k
20195.06+£794k
20184.25+£928k
20173.73—

Derived from filed accounts. Not audited figures.