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Medstrom Ltd

05709304

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

2 CYGNUS COURT BEVERLEY ROAD, CASTLE DONINGTON, DE74 2SA
Incorporated 14/02/2006

Compliance

Last accounts

30/06/2025

full

Next accounts due

29/03/2027

On track

Confirmation statement

Last: 13/06/2025

Due 27/06/2026

On track

Industry

32500
Manufacture of medical and dental instruments and supplies
47749
47749
77390
Renting and leasing of other machinery, equipment and tangible goods
86101
Hospital activities

Officers

Mr David Bernard George Belli

director · Since 16/09/2008

ACCOUNTANT

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Mr Scott Roland Apsey

director · Since 19/07/2010

OPERATIONS DIRECTOR

BRITISH · SCOTLAND · Age 58

Also on 2 other boards

Mrs Rachel Maria Apsey

director · Since 02/04/2012

SALES & MARKETING DIRECTOR

BRITISH · SCOTLAND · Age 60

Also on 3 other boards

Graham Knight

secretary · Since 01/03/2021

Persons with Significant Control

Medstrom Holdings Ltd

75–100% shares
75–100% votes

2 Cygnus Court, Beverley Road, Castle Donington, DE74 2SA

Reg: 12036980 · Companies House · Private Limited Company

Notified 25/10/2019

Former PSCs

Marisa Ida Belli

Ceased 25/10/2019

Mr David Bernard George Belli

Ceased 25/10/2019

Charges3 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 12/07/2022Registered 13/07/2022
Charge
outstanding

CLOSE LEASING LIMITED

Created 12/07/2022Registered 12/07/2022
Charge
outstanding

CLOSE LEASING LIMITED

Created 01/03/2022Registered 01/03/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 19/10/2021Registered 27/10/2021Satisfied 22/06/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/10/2021Registered 22/10/2021Satisfied 02/11/2021
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 05/05/2017Registered 05/05/2017Satisfied 22/06/2022
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 11/07/2011Registered 16/07/2011Satisfied 22/06/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/05/2011Registered 01/06/2011Satisfied 22/06/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 25/03/2010Registered 27/03/2010Satisfied 19/07/2011
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 15/01/2009Registered 16/01/2009Satisfied 19/07/2011

CompanyRankvs 158+ SIC 32500 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.11× · 12/20
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 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.

Liquidity12/20 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 31/12/2021

Turnover

£32.0M

Annual revenue

Net Worth

£5.4M

Balance sheet strength

Cash

£93k

Cash in the bank

Profit Before Tax

£3.0M

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£13.1M

Current Liabilities

£11.8M

Fixed Assets

£8.9M

Debtors

£5.0M

Cost of Sales

£22.5M

Gross Profit

£9.5M

Admin Expenses

£6.1M

Operating Profit

£3.4M

Profit After Tax

£2.7M

260avg. employees+29

Tax at Year End

VAT£301k
Dividends paid£4.7M

People Costs

Wages & salaries£8.4M
NI contributions£878k

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£709k
Assets less current liabilities£10.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20211.11-£2.0M£6.0M
20201.48+£1.7M
20191.19-£232k
20181.37

Derived from filed accounts. Not audited figures.