Med-Co (Europe) Ltd
04104962
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 09/11/2025
Due 23/11/2026
Industry
Officers
Persons with Significant Control
Med-Co Group Ltd
120, St. Teilo Street, Swansea, SA4 8RE
Reg: 10819052 · Register Of Companies England And Wales · Limited Company
Notified 15/06/2017
Former PSCs
Mrs Catherine Mary Jenkins
Ceased 15/06/2017
Mr Andrew David Jenkins
Ceased 15/06/2017
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 3036+ SIC 78300 peers41
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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
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
-£179k
Balance sheet strength
Cash
£502
Cash in the bank
Net Current Assets
£488k
Working capital
Current Assets
£514k
Current Liabilities
£26k
Fixed Assets
£100
Debtors
£513k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 19.66 | -£28k |
| 2024 | 17.28 | -£16k |
| 2023 | 7.75 | -£83k |
| 2022 | 6.77 | -£142k |
| 2021 | 3.80 | -£71k |
| 2020 | 3.08 | -£78k |
| 2019 | 3.67 | — |
Derived from filed accounts. Not audited figures.