Medical Gas Pipelines Ltd
06019198
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/05/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 1 other board
Persons with Significant Control
Mr Simon Harms
British · England · Age 50
25 St Thomas Street, Winchester, SO23 9HJ
Notified 06/04/2016
CompanyRankvs 238+ SIC 43290 peers89
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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.
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
£1.0M
Balance sheet strength
Cash
£318k
Cash in the bank
Net Current Assets
£745k
Working capital
Current Assets
£1.4M
Current Liabilities
£610k
Fixed Assets
£382k
Debtors
£942k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.22 | +£386k |
| 2024 | 1.61 | +£22k |
| 2023 | 1.86 | — |
Derived from filed accounts. Not audited figures.