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Promedics Orthopaedics Limited

06455477

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

EASTCASTLE HOUSE, LONDON, W1W 8DH
Incorporated 17/12/2007

Compliance

Last accounts

31/12/2025

audit exemption subsidiary

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 17/12/2025

Due 31/12/2026

On track

Industry

32500
Manufacture of medical and dental instruments and supplies

Officers

Mr James Cloar

director · Since 19/05/2021

DIRECTOR

AMERICAN · UNITED STATES · Age 67

Also on 3 other boards

Ms Kathryn Gray

director · Since 03/11/2022

CHIEF ADMINISTRATIVE OFFICER

AMERICAN · UNITED STATES · Age 73

Also on 3 other boards

Msp Corporate Services Limited

secretary · Since 20/04/2023

Also on 237 other boards

Persons with Significant Control

Yorkmarsh Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

Eastcastle House, 27/28 Eastcastle Street, London, W1W 8DH

Reg: 06450241 · Companies House · Limited By Shares

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/04/2008Registered 17/06/2008Satisfied 07/01/2020
charge
satisfied

IAN STEWART REED

Created 04/04/2008Registered 22/04/2008Satisfied 26/03/2013
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 04/04/2008Registered 16/04/2008Satisfied 07/01/2020
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 04/04/2008Registered 16/04/2008Satisfied 20/01/2017

CompanyRankvs 478+ SIC 32500 peers
58

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity0/20 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

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

Going Concern Doubt

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncert

Key FinancialsYear ending 31/12/2020

Turnover

£7.9M

Annual revenue

Net Worth

£1.1M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£655k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

Fixed Assets

£615k

Debtors

£2.0M

Cost of Sales

£5.6M

Gross Profit

£2.3M

Admin Expenses

£975k

Profit After Tax

£557k

115avg. employees-3

Tax at Year End

Corp tax£7k
Dividends paid£1.6M

People Costs

NI contributions£169k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2020-£2.9M
20203.48-£271k
20193.44

Derived from filed accounts. Not audited figures.