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Network Medical Products Limited

03209576

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

CORONET HOUSE, RIPON, HG4 2SG
Incorporated 07/06/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32500
Manufacture of medical and dental instruments and supplies

Officers

Terrance Lee Meredith

director · Since 16/05/2023

DIRECTOR

AMERICAN · UNITED STATES · Age 69

Persons with Significant Control

Scp Medical Holdings (Uk) Limited

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

Winston & Strawn London Llp, One Ropemaker Street, London, EC2Y 9AW

Reg: 11180581 · Companies House (England And Wales) · Private Limited Company

Notified 22/02/2018

Former PSCs

Mr Philip Douglas Weston

Ceased 22/02/2018

Charges0 outstanding

Charge
satisfied

BALANCE POINT CAPITAL PARTNERS V, L.P.

Created 28/06/2023Registered 12/07/2023Satisfied 03/07/2025
Charge
satisfied

BALANCE POINT CAPITAL PARTNERS V, L.P.

Created 28/06/2023Registered 12/07/2023Satisfied 03/07/2025
Charge
satisfied

BALANCE POINT CAPITAL PARTNERS V, L.P.

Created 28/06/2023Registered 12/07/2023Satisfied 03/07/2025
Charge
satisfied

WEBSTER BANK, N.A. AS AGENT

Created 28/06/2023Registered 06/07/2023Satisfied 03/07/2025
Charge
satisfied

WEBSTER BANK, N.A. AS SECURITY AGENT

Created 28/06/2023Registered 06/07/2023Satisfied 03/07/2025
Charge
satisfied

WEBSTER BANK, N.A. AS AGENT

Created 28/06/2023Registered 06/07/2023Satisfied 03/07/2025
charge
satisfied

BARCLAYS BANK PLC

Created 12/10/2009Registered 21/10/2009Satisfied 11/08/2020
charge
satisfied

BARCLAYS BANK PLC

Created 09/10/2001Registered 22/10/2001Satisfied 16/03/2018

CompanyRankvs 170+ SIC 32500 peers
71

Financial strength94th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Liquidity12/20 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

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 director with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

£1.8M

Balance sheet strength

Cash

£298k

Cash in the bank

Profit Before Tax

£493k

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£6.2M

Current Liabilities

£4.7M

Fixed Assets

£358k

Debtors

£4.7M

Cost of Sales

£4.6M

Admin Expenses

£2.6M

Profit After Tax

£427k

50avg. employees-4

Tax at Year End

Corp tax£109k

People Costs

Wages & salaries£2.1M

Balance Sheet

Intangible assets£46k
Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.33+£427k
20231.25-£890k
20221.56-£450k
20212.31

Derived from filed accounts. Not audited figures.