Back to search

Medical Engineering Technologies Ltd.

03295099

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 16, DOVER, CT17 0UF
Incorporated 20/12/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mark Hammond

secretary · Since 31/05/2022

Mr Mark Alan Hammond

director · Since 31/05/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Nicholas David Graham

director · Since 20/01/2023

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Persons with Significant Control

Wmp Bidco Limited

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

Warwick House, 25-27 Buckingham Palace Road, London, SW1W 0PP

Reg: 13507942 · Uk Register Of Companies · Private Limited Company

Notified 31/05/2022

Former PSCs

Mr Mark William Turner

Ceased 31/05/2022

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 11/12/2024Registered 11/12/2024
Charge
outstanding

SHAWBROOK BANK LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 18/04/2024Registered 19/04/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/11/2013Registered 03/12/2013Satisfied 31/05/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/11/2013Registered 08/11/2013Satisfied 31/05/2022

CompanyRankvs 50+ SIC 72190 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Kemet International Limited
90
2R.B. Radley & Company Limited
90
3Tom Martin & Company Limited
90
4Sra Developments Limited
90
5Drumgrange Limited
90
6Giro Engineering Limited
90
7Hydronix Limited
90
8Fluid Gravity Engineering Limited
90
9Innovative Technology Limited
90
10Scanna Msc Limited
90
50Medical Engineering Technologies Ltd.
89
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.

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 30/09/2022

Net Worth

£2.3M

Balance sheet strength

Cash

£711k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.3M

Current Liabilities

£576k

Fixed Assets

£575k

Debtors

£1.6M

27avg. employees+2

Tax at Year End

Corp tax£105k

Balance Sheet

Bank loans & overdrafts£19k
Assets less current liabilities£2.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20224.03+£627k
20217.84+£242k
20204.73+£390k
20194.13+£77k
20182.98—

Derived from filed accounts. Not audited figures.