Systagenix Wound Management Manufacturing, Limited
06682392
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 27/08/2025
Due 10/09/2026
Industry
Officers
Former
director · Resigned 06/01/2009
secretary · Resigned 06/01/2009
director · Resigned 10/06/2011
director · Resigned 05/12/2013
director · Resigned 01/07/2014
director · Resigned 27/04/2015
director · Resigned 27/04/2015
director · Resigned 09/03/2016
director · Resigned 01/05/2018
director · Resigned 01/05/2018
director · Resigned 01/10/2018
director · Resigned 01/10/2018
director · Resigned 01/10/2018
director · Resigned 31/01/2019
director · Resigned 15/04/2021
secretary · Resigned 26/04/2021
director · Resigned 31/03/2022
director · Resigned 30/01/2023
secretary · Resigned 30/11/2023
director · Resigned 05/04/2024
secretary · Resigned 20/11/2024
director · Resigned 02/05/2025
secretary · Resigned 02/05/2025
Persons with Significant Control
First Water Limited
997, Manchester Road, Ashton-Under-Lyne, OL7 0ED
Reg: 04421197 · Central Public Register At Companies House, Cardiff · Private Limited Company
Notified 01/10/2018
Former PSCs
Systegnix Wound Management B.V.
Ceased 01/10/2018
Charges0 outstanding
J.P. MORGAN EUROPE LIMITED (THE SECURITY AGENT) ON TRUST FOR THE FINANCE PARTIES
Change History
Active
ASHTON-UNDER-LYNE
Private Limited Company
997 MANCHESTER ROAD
CompanyRankvs 434+ SIC 82990 peers80
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£42.3M
Annual revenue
Net Worth
£29.6M
Balance sheet strength
Cash
£1.9M
Cash in the bank
Profit Before Tax
-£1.1M
Bottom line earnings
Net Current Assets
£36.4M
Working capital
Current Assets
£42.4M
Current Liabilities
£5.9M
Debtors
£31.2M
Cost of Sales
£33.3M
Gross Profit
£9.0M
Admin Expenses
£5.5M
Operating Profit
£2.3M
Profit After Tax
-£307k
Tax at Year End(2022)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.15 | -£307k |
| 2023 | 1.16 | -£2.3M |
| 2022 | 4.50 | +£1.8M |
| 2021 | 5.56 | — |
Derived from filed accounts. Not audited figures.