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Medical Systems International Limited

03143338

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

BUSINESS PARK, UNIT 8, TIPTON, DY4 7TR
Incorporated 03/01/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

John Anthony Wolczek

secretary · Since 27/09/2000

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Mr Keith Vincent Merrick

director · Since 27/09/2000

MAINTENANCE MANAGER

ENGLISH · ENGLAND · Age 71

Also on 1 other board

John Anthony Wolczek

director · Since 27/09/2000

ENGINEER

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Persons with Significant Control

Mr Keith Vincent Merrick

25–50% shares

English · England · Age 71

Business Park, Unit 8, Cleton Street, Tipton, DY4 7TR

Notified 03/01/2017

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/03/2020Registered 20/03/2020
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/09/2000Registered 05/10/2000

CompanyRankvs 2034+ SIC 74990 peers
60

Financial strength96th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.21× · 2/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

£551k

Balance sheet strength

Cash

£239k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£380k

Current Liabilities

£1.8M

Fixed Assets

£2.0M

Debtors

£141k

2avg. employees

Tax at Year End(2021)

Corp tax£12k
VAT£3k

Director Loans(2021)

Company owes directors£531k

Balance Sheet

Assets less current liabilities£551k
Signed by Mr Keith Merrick 16/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.21+£51k
20230.22+£85k
20220.26+£41k
20210.15+£48k£61k
20200.15-£2k
20191.17+£280k
20181.34

Derived from filed accounts. Not audited figures.