Med-X Limited
08343286
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Mohammad Chagpar
British · England · Age 39
3 Hobbs House, Harrovian Business Village, Bessborough Road, Harrow, HA1 3EX
Notified 07/04/2016
Former PSCs
Mrs Sonya Bhalla
Ceased 21/05/2018
Mr Rajwinder Singh Jutley
Ceased 21/05/2018
Mr Hasnain Mohamed Merali
Ceased 07/04/2016
CompanyRankvs 2617+ SIC 46690 peers47
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£38k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£115k
Current Liabilities
£158k
Fixed Assets
£36k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.73 | -£31k |
| 2023 | 0.87 | -£28k |
| 2022 | 1.15 | -£11k |
| 2021 | 1.87 | -£6k |
| 2020 | 2.37 | +£4k |
| 2019 | 1.35 | — |
Derived from filed accounts. Not audited figures.