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Advanced Cardiac Surgery Ltd

10024871

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

14 SUTHERLAND DRIVE, NEWCASTLE, ST5 3NB
Incorporated 24/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86220
Specialist medical practice activities

Officers

Dr Lognathen Balacumaraswami

director · Since 24/02/2016

MEDICAL CONSULTANT

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Dr Lognathen Balacumaraswami

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

14, Sutherland Drive, Newcastle, ST5 3NB

Notified 06/04/2016

Mrs Sindhuja Lb Swami

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

14, Sutherland Drive, Newcastle, ST5 3NB

Notified 01/02/2017

CompanyRankvs 3952+ SIC 86220 peers
71

Financial strength82th percentile among SIC peers · 21/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 9.02× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£148k

Balance sheet strength

Cash

£166k

Cash in the bank

Net Current Assets

£148k

Working capital

Current Assets

£166k

Current Liabilities

£18k

Fixed Assets

£253

1avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£148k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20259.02+£21k
20246.85+£26k
20236.28+£9k
20226.38+£13k
20214.45

Derived from filed accounts. Not audited figures.