Medical Equipment Solutions Limited
05018140
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 16/01/2026
Due 30/01/2027
Industry
Officers
director · Since 04/03/2024
FINANCE DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 6 other boards
director · Since 19/03/2025
DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 5 other boards
Persons with Significant Control
Amethyst Uk Mes Limited
42-43, Queen Square, London, WC1N 3AJ
Reg: 12502007 · England And Wales · Private Limited Company
Notified 10/03/2020
Former PSCs
Mr Christopher Neil Hunter Gordon
Ceased 01/10/2018
Mrs Lynne Lorraine Brooks
Ceased 10/03/2020
Charges1 outstanding
GLAS SAS (AS SECURITY AGENT)
ARES MANAGEMENT LIMITED AS SECURITY TRUSTEE FOR EACH OF THE SECURED PARTIES ON THE TERMS AND CO
SQN SECURED INCOME FUND PLC
DE LAGE LANDEN LEASING LIMITED
SUMMIT ASSET MANAGEMENT LIMITED
SUMMIT ASSET MANAGEMENT LIMITED
CompanyRankvs 38427+ SIC 86900 peers26
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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
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 Director with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
-£3.9M
Balance sheet strength
Cash
£52k
Cash in the bank
Profit Before Tax
-£2.6M
Bottom line earnings
Net Current Assets
-£6.9M
Working capital
Current Assets
£677k
Current Liabilities
£7.5M
Fixed Assets
£3.0M
Debtors
£625k
Admin Expenses
£2.5M
Operating Profit
-£2.5M
Profit After Tax
-£2.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.09 | -£3.6M |
| 2022 | 0.08 | -£1.3M |
| 2021 | 0.45 | -£226k |
| 2020 | 0.14 | — |
Derived from filed accounts. Not audited figures.