Medco Registration Solutions
09295557
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/01/2015
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 4 other boards
director · Since 01/01/2017
SELF EMPLOYED LEGAL CONSULTANT
BRITISH · ENGLAND · Age 72
director · Since 12/06/2017
DOCTOR OF MEDICINE
BRITISH · ENGLAND · Age 80
Also on 4 other boards
director · Since 01/03/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 3 other boards
director · Since 01/10/2022
SOLICITOR
BRITISH · ENGLAND · Age 57
Also on 3 other boards
director · Since 12/12/2023
PHYSIOTHERAPIST
BRITISH,NIGERIAN · ENGLAND · Age 62
director · Since 10/02/2025
LAWYER
BRITISH · ENGLAND · Age 67
Also on 3 other boards
CompanyRankvs 15340+ SIC 82990 peers76
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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
the date of approval of these financial statements. The directors consider that there is no material uncertainty over the Company’s status as a going concern. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. 1.3 Turnover Turnover includes contributions received from members which are recognised in the peri
Key FinancialsYear ending 31/12/2024
Net Worth
£2.0M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Net Current Assets
£1.8M
Working capital
Current Assets
£2.4M
Current Liabilities
£595k
Fixed Assets
£166k
Debtors
£251k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 4.08 |
| 2023 | 4.98 |
| 2022 | 5.18 |
| 2021 | 2.81 |
Derived from filed accounts. Not audited figures.