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Medic Creations Limited

09452339

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

LEONARD CURTIS HOUSE ELMS SQUARE, WHITEFIELD, M45 7TA
Incorporated 21/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63990
Other information service activities

Officers

Dr Sandeep Bansal

director · Since 21/02/2015

DOCTOR

BRITISH · WALES · Age 41

Also on 5 other boards

Persons with Significant Control

Dr Sandeep Bansal

25–50% shares

British · England · Age 41

Commercial House, 406-410 Eastern Avenue, Ilford, IG2 6NQ

Notified 29/03/2017

Former PSCs

Mrs Swarnlata Bansal

Ceased 30/05/2017

Dr Ashok Bansal

Ceased 23/02/2022

CompanyRankvs 116520+ SIC 63990 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11652Medic Creations Limited
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

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

Liquidity2/20 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

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

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 29/02/2024

Net Worth

-£268k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£261k

Working capital

Current Assets

£5k

Current Liabilities

£266k

Debtors

£2k

3avg. employees-5

Director Loans(2020)

Company owes directors£282k

Balance Sheet

Assets less current liabilities-£261k
Signed by Dr Sandeep Bansal 28th November 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02+£50k
20230.02-£299k
20220.87+£305k
20210.14+£79k
20200.02-£258k
20190.06—

Derived from filed accounts. Not audited figures.