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Me Cronin Ltd

06241147

in administration
Private Limited Company
england wales
Companies House
2 outstanding charges
Insolvency history
Health Score
N/A

Details

SUITE 5 2ND FLOOR BULMAN HOUSE REGENT CENTRE, NEWCASTLE UPON TYNE, NE3 3LS
Incorporated 09/05/2007

Compliance

Last accounts

31/05/2022

total exemption full

Next accounts due

29/02/2024

Overdue

Confirmation statement

Last: 09/05/2023

Due 23/05/2024

Overdue

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr David James Gulliford

director · Since 02/07/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 11 other boards

Dr Peter Gulliford

director · Since 06/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 6 other boards

Persons with Significant Control

Medway Limited

75–100% shares
75–100% votes
Appoint directors

379 Princesway, Team Valley Trading Estate, Gateshead, NE11 0TU

Reg: 11430947 · England And Wales · Private Company Limited By Shares

Notified 04/03/2019

Former PSCs

Northcare Limited

Ceased 04/03/2019

Charges2 outstanding

A registered charge
outstanding

Barclays Security Trustee Limited

9-10 high newham court, stockton on tees, TS19 8PD registered at the land registry with title number CE240965.

Created 07/04/2020Registered 07/04/2020
A registered charge
outstanding

Barclays Security Trustee Limited

Created 07/04/2020Registered 07/04/2020
A registered charge
fully satisfied

Lloyds Bank PLC

None.

Created 29/03/2019Registered 02/04/2019Satisfied 07/04/2020
A registered charge
fully satisfied

Lloyds Bank PLC

The leasehold property known as or being units 9 and 10 high newham court, stockton-on-tees, TS19 8PD including the entirety of the property comprised in a lease dated 24 july 2018 made between (1) northcare limited and (2) me cronin LTD.

Created 04/03/2019Registered 08/03/2019Satisfied 07/04/2020
A registered charge
fully satisfied

Lloyds Bank PLC

None.

Created 04/03/2019Registered 08/03/2019Satisfied 07/04/2020
A registered charge
fully satisfied

Lloyds Bank PLC

All that leasehold land and premises known as units 9 and 10 high newham court, stockton-on-tees TS19 8PD being more particularly described in the lease dated 24 july 2018 and made between northcare limited (1) and me cronin limited (2) being for a term of 15 years at a rent reserved by the lease, which said lease is or is about to be registered at the land registry with title absolute.

Created 19/02/2019Registered 19/02/2019Satisfied 05/03/2019
A registered charge
fully satisfied

Lloyds Bank PLC

None.

Created 31/07/2018Registered 03/08/2018Satisfied 05/03/2019
A registered charge
fully satisfied

Lloyds Bank PLC

None.

Created 01/11/2017Registered 07/11/2017Satisfied 02/08/2018
A registered charge
fully satisfied

Lloyds Bank Commercial Finance LTD

Created 01/06/2015Registered 09/06/2015Satisfied 26/10/2023
A registered charge
fully satisfied

Lloyds Tsb Bank PLC

Created 01/04/2015Registered 14/04/2015Satisfied 02/08/2018
A registered charge
fully satisfied

Lloyds Bank PLC

Created 01/04/2015Registered 14/04/2015Satisfied 07/04/2020
A registered charge
fully satisfied

Lloyds Bank PLC

L/H 9 and 10 high newham court, hardwick estate, stockton on tees.

Created 01/04/2015Registered 21/04/2015Satisfied 05/03/2019
Debenture
fully satisfied

Santander UK PLC ( as Security Trustee for Each Group Member)

Fixed charge all right title estate and other interests in all f/h or l/h property all book debts goodwill and uncalled capital by way of assignment all rents the benefit of all guarantees warranties and representations and all agreements contracts floating charge the undertaking and all other property and assets see image for full details.

All monies due or to become due from the company to the group (or any group member) on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Created 01/11/2012Registered 09/11/2012Satisfied 08/05/2015
Legal charge
fully satisfied

Santander UK PLC (As Security Trustee for Each Group Member)

L/H premises comprising units 9 & 10 high newman court, hardwick, stockton on tees together with all buildings fixtures and fixed plant and machinery by way of assignment all rents and other income and the benefit of any lease or licence or occupational lease or licence see image for full details.

All monies due or to become due from the company to the group (or any group member) on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Created 01/11/2012Registered 09/11/2012Satisfied 08/05/2015
Debenture
fully satisfied

Bank of Scotland PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Created 01/02/2008Registered 09/02/2008Satisfied 06/11/2012

Insolvency History1 case

in administration

Steven Phillip Ross (practitioner) · Allan David Kelly (practitioner)

CompanyRankvs 15+ SIC 47730 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2022

Net Worth

£260k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£313k

Working capital

Current Assets

£989k

Current Liabilities

£676k

Fixed Assets

£18k

Debtors

£854k

12avg. employees

Balance Sheet

Intangible assets£1k
Assets less current liabilities£331k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20221.46-£11k
20221.62+£76k
20211.67

Derived from filed accounts. Not audited figures.