Promedics Orthopaedics Limited
06455477
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
audit exemption subsidiary
Next accounts due
30/09/2027
Confirmation statement
Last: 17/12/2025
Due 31/12/2026
Industry
Officers
director · Since 19/05/2021
DIRECTOR
AMERICAN · UNITED STATES · Age 67
Also on 3 other boards
director · Since 03/11/2022
CHIEF ADMINISTRATIVE OFFICER
AMERICAN · UNITED STATES · Age 73
Also on 3 other boards
Persons with Significant Control
Yorkmarsh Limited
Eastcastle House, 27/28 Eastcastle Street, London, W1W 8DH
Reg: 06450241 · Companies House · Limited By Shares
Notified 06/04/2016
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC
IAN STEWART REED
THE ROYAL BANK OF SCOTLAND PLC
RBS INVOICE FINANCE LIMITED
CompanyRankvs 478+ SIC 32500 peers58
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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.
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
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | — | -£2.9M |
| 2020 | 3.48 | -£271k |
| 2019 | 3.44 | — |
Derived from filed accounts. Not audited figures.