The Medical Algorithms Company Limited
06189785
Some Concerns
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 24/03/2025
Due 07/04/2026
Industry
Officers
Former
corporate director · Resigned 29/03/2007
director · Resigned 15/05/2007
director · Resigned 31/01/2021
Change History
Active
Private Limited Company
95 ALDWYCH
CompanyRankvs 40591+ SIC 62012 peers36
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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
-£520k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£253k
Working capital
Current Assets
£8k
Current Liabilities
£261k
Debtors
£100
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.03 | -£8k |
| 2024 | 0.03 | -£3k |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.