Southwest Cardiac Surgical Initiative
09924908
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 21/12/2025
Due 04/01/2027
Industry
Officers
director · Since 21/12/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 5 other boards
Former
director · Resigned 10/02/2021
director · Resigned 10/05/2021
director · Resigned 10/05/2021
Persons with Significant Control
Sir Malcolm John Robert Dalrymple-Hay
British · United Kingdom · Age 60
Lower Upcott, Kerswell, Newton Abbot, TQ13 0DH
Notified 06/04/2016
Former PSCs
Ms Karen Anne Elbrow
Ceased 10/02/2021
Mr Gerrard Jude Webb
Ceased 10/05/2021
Dr Peter Michael Murphy
Ceased 10/05/2021
Change History
Active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
7 SANDY COURT
PLYMPTON
CompanyRankvs 52973+ SIC 86900 peers40
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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 31/12/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£51k
Current Liabilities
£54k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | -£6k |
| 2024 | 1.02 | -£3k |
| 2023 | 1.05 | — |
Derived from filed accounts. Not audited figures.