Med-Co Secure Healthcare Services Ltd
07325547
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 26/07/2025
Due 09/08/2026
Industry
Officers
director · Since 15/04/2020
COMPANY DIRECTOR
BRITISH · WALES · Age 62
Also on 2 other boards
Persons with Significant Control
Med-Co Healthcare Services Limited
120, St. Teilo Street, Swansea, SA4 8RE
Reg: 10843374 · England And Wales · Limited Company
Notified 16/06/2017
Former PSCs
Med-Co (Europe) Limited
Ceased 16/06/2017
Charges1 outstanding
MED-CO (EUROPE) LIMITED (CO 04104962)
CompanyRankvs 134+ SIC 86210 peers68
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
£324k
Balance sheet strength
Cash
£90k
Cash in the bank
Net Current Assets
£452k
Working capital
Current Assets
£754k
Current Liabilities
£301k
Fixed Assets
£165
Debtors
£664k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.50 | -£317k |
| 2024 | 9.25 | +£44k |
| 2023 | 6.58 | +£58k |
| 2022 | 6.68 | +£44k |
| 2021 | 8.22 | +£110k |
| 2020 | 5.29 | +£78k |
| 2019 | 7.87 | — |
Derived from filed accounts. Not audited figures.