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Medicare Corporation Ltd

04692617

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

MEDICARE CORPORATION LTD, NORWICH, NR7 0SA
Incorporated 11/03/2003

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 28/03/2026

Due 11/04/2027

On track

Industry

86900
Other human health activities

Officers

Michele La Corte

secretary · Since 08/05/2003

BRITISH · Age 51

Mr Yiannakis Loizou

director · Since 08/05/2003

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Michele La Corte

25–50% shares

British · England · Age 51

Medicare Corporation Ltd, 147 Yarmouth Road, Norwich, NR7 0SA

Notified 06/04/2016

Mr Yiannakis Loizou

25–50% shares

British · England · Age 56

Medicare Corporation Ltd, 147 Yarmouth Road, Norwich, NR7 0SA

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/08/2003Registered 21/08/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/08/2003Registered 07/08/2003

CompanyRankvs 2627+ SIC 86900 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.7× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity16/20 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 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£373k

Cash in the bank

Net Current Assets

£154k

Working capital

Current Assets

£373k

Current Liabilities

£219k

Fixed Assets

£1.3M

Debtors

£359

40avg. employees

Tax at Year End

Corp tax£86k

Director Loans

Company owes directors£26k

Balance Sheet

Assets less current liabilities£1.4M
Signed by Y Loizou 04/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.70+£0
20251.70-£99k
20241.89+£336k
20232.14-£100k
20223.06+£40k
20213.41+£218k
20202.97+£232k
20196.90

Derived from filed accounts. Not audited figures.