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Medpharm Limited

03783386

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 3, CHANCELLOR COURT 50 OCCAM ROAD, GUILDFORD, GU2 7AB
Incorporated 07/06/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

David John Parker

director · Since 08/12/2018

PRIVATE EQUITY

AMERICAN · UNITED STATES · Age 65

Also on 1 other board

William Douglas Humphries

director · Since 01/04/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 59

Also on 1 other board

Persons with Significant Control

Medpharm Holdco Limited

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

Unit 3 Chancellor Court, 50 Occam Road, Guildford, GU2 7AB

Reg: 11234758 · Companies House · Private Limited Company

Notified 15/03/2018

Former PSCs

Dr Andrew Gordon Muddle

Ceased 15/03/2018

Charges2 outstanding

Charge
outstanding

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Created 04/01/2021Registered 12/01/2021Satisfied 19/01/2024
Charge
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WELLS FARGO BANK, NATIONAL ASSOCIATION

Created 04/01/2021Registered 12/01/2021Satisfied 19/01/2024
Charge
satisfied

WELLS FARGO BANK, NATIONAL ASSOCIATION

Created 04/01/2021Registered 12/01/2021Satisfied 19/01/2024
charge
satisfied

BANK OF SCOTLAND PLC

Created 21/03/2013Registered 28/03/2013Satisfied 13/10/2020
charge
outstanding

UNIVERSITY OF SURREY

Created 19/12/2012Registered 05/01/2013
charge
satisfied

ALDERMORE BANK PLC

Created 28/01/2011Registered 01/02/2011Satisfied 13/03/2018
charge
satisfied

UNIVERSITY OF SURREY

Created 04/01/2011Registered 06/01/2011Satisfied 13/03/2018
charge
satisfied

UNIVERSITY OF SURREY

Created 01/09/2006Registered 05/09/2006Satisfied 13/03/2018
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 10/09/2003Registered 12/09/2003Satisfied 23/03/2013

CompanyRankvs 1651+ SIC 72110 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -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 directors with respect to going concern are d

Key FinancialsYear ending 31/12/2024

Turnover

£9.0M

Annual revenue

Net Worth

-£32.5M

Balance sheet strength

Cash

£217k

Cash in the bank

Profit Before Tax

-£26.1M

Bottom line earnings

Net Current Assets

-£34.8M

Working capital

Current Assets

£6.7M

Current Liabilities

£41.5M

Fixed Assets

£2.3M

Debtors

£6.4M

Cost of Sales

£9.9M

Gross Profit

-£837k

Admin Expenses

£4.9M

Operating Profit

-£5.1M

Profit After Tax

-£26.2M

78avg. employees-16

People Costs

Wages & salaries£3.0M
NI contributions£343k

Balance Sheet

Assets less current liabilities-£32.5M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16-£26.2M
20230.34

Derived from filed accounts. Not audited figures.