Medical Connections Ltd
03680043
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 30/09/2019
director · Since 30/09/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 37
Also on 2 other boards
Persons with Significant Control
Medit Holdings Limited
26, Heol Pen-Y-Scallen, Swansea, SA4 6SE
Reg: 11937692 · Companies House Register · A Company
Notified 30/09/2019
Former PSCs
Dr David John Harvey
Ceased 09/08/2018
Mrs Susan Elizabeth Harvey
Ceased 30/09/2019
Charges1 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
DBW INVESTMENTS (14) LIMITED
CompanyRankvs 3805+ SIC 62012 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£1.5M
Balance sheet strength
Cash
£293k
Cash in the bank
Net Current Assets
£1.6M
Working capital
Current Assets
£1.9M
Current Liabilities
£288k
Fixed Assets
£115k
Debtors
£1.6M
Profit After Tax
£328k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 6.60 | -£22k | — |
| 2024 | 6.50 | +£180k | — |
| 2023 | 3.58 | +£176k | — |
| 2022 | 4.97 | +£236k | — |
| 2021 | 5.00 | +£324k | — |
| 2020 | 6.23 | +£322k | £245k |
| 2019 | 6.00 | +£147k | — |
| 2017 | 1.36 | — | — |
Derived from filed accounts. Not audited figures.