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Medrx Licences Limited

10004716

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

9 ST. GEORGES YARD, FARNHAM, GU9 7LW
Incorporated 15/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Michael Hornung

secretary · Since 15/02/2016

Mr Clay William Linley Chaston

director · Since 15/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Michael Hornung

director · Since 15/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Clay William Linley Chaston

50–75% shares
50–75% votes

British · England · Age 44

9, St. Georges Yard, Farnham, GU9 7LW

Notified 26/07/2016

Charges2 outstanding

Charge
satisfied

GENETHICS LIMITED

Created 05/11/2019Registered 11/11/2019Satisfied 30/08/2022
Charge
outstanding

MICHAEL HORNUNG

Created 05/11/2019Registered 11/11/2019
Charge
outstanding

MICHAEL HORNUNG AND DAVID SOLOMON

Created 05/11/2019Registered 11/11/2019

CompanyRankvs 3489+ SIC 72190 peers
40

Financial strength39th percentile among SIC peers · 10/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees3/15 pts

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

Liquidity12/20 pts

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

Longevity10/15 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 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

£742

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£81k

Current Liabilities

£75k

Debtors

£80k

0avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08
20231.36-£11k
20220.08-£21k
20210.16-£7k
20200.09+£44k
20190.25-£579
20180.31

Derived from filed accounts. Not audited figures.