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1st Med Limited

09447524

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

71 GARSTANG ROAD, PRESTON, PR1 1LB
Incorporated 19/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities
87300
Residential care activities for the elderly and disabled

Officers

Mr Ilyas Adam

director · Since 19/02/2015

DIRECTOR

BRITISH · ENGLAND · Age 40

Miss Ayesha Rahim

director · Since 19/02/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Ilyas Adam

25–50% shares
25–50% votes

British · England · Age 40

71, Garstang Road, Preston, PR1 1LB

Notified 01/02/2017

Miss Ayesha Rahim

25–50% shares
25–50% votes

British · United Kingdom · Age 42

71, Garstang Road, Preston, PR1 1LB

Notified 01/02/2017

Charges1 outstanding

Charge
outstanding

ADVANTEDGE COMMERCIAL FINANCE (NORTH) LTD

Created 14/12/2021Registered 24/12/2021
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 30/11/2015Registered 10/12/2015Satisfied 10/02/2022

CompanyRankvs 28922+ SIC 86900 peers
48

Financial strength45th percentile among SIC peers · 11/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/05/2025

Net Worth

£654

Balance sheet strength

Cash

£582

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£40k

Current Liabilities

£54k

Fixed Assets

£64k

Debtors

£39k

176avg. employees

Tax at Year End(2023)

Corp tax£88k
VAT£11k

Director Loans(2023)

Company owes directors£52k
Directors owe company£1k

Balance Sheet

Intangible assets£54k
Assets less current liabilities£50k
Signed by Mr Ilyas Adam 31 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.74
20250.74
20240.66+£96k
20230.55+£170k£222k
20220.36-£138k£1.2M
20210.52-£150k£1.2M
20200.98
20190.88
20180.82

Derived from filed accounts. Not audited figures.