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Medimusic Ltd

10508679

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE POPLARS, BRIGG, DN20 8NQ
Incorporated 02/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology
86101
Hospital activities

Officers

Mr Gary Jones

director · Since 02/12/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Mr Peter Downton

director · Since 17/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Christopher Wiggin

director · Since 05/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 72

Mr James Stevenson

director · Since 22/04/2025

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 57

Persons with Significant Control

Mr Gary Jones

75–100% shares

British · United Kingdom · Age 63

The Poplars, Bridge Street, Brigg, DN20 8NQ

Notified 02/12/2016

Charges2 outstanding

Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 10/04/2025Registered 10/04/2025Satisfied 27/05/2025
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 05/03/2025Registered 11/03/2025Satisfied 20/03/2025
Charge
outstanding

FYI SEEDCORN LP ACTING BY ITS GENERAL PARTNER FYI SEEDCORN GP LIMITED

Created 24/01/2024Registered 29/01/2024
Charge
outstanding

FYI SEEDCORN LP ACTING BY ITS GENERAL PARTNER FYI SEEDCORN GP LIMITED

Created 29/11/2023Registered 30/11/2023

CompanyRankvs 2160+ SIC 72110 peers
31

Financial strength4th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.04× · 2/20
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 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.

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 31/12/2024

Net Worth

-£846k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£10k

Current Liabilities

£258k

5avg. employees+2

Tax at Year End(2022)

VAT£266

Director Loans(2023)

Company owes directors£529

Balance Sheet

Assets less current liabilities-£212k
Signed by 10508679 2024-01-01 2024-12-31 10508679 2024-12-31 10508679 bus: 1 1 2024-12-31 10508679 core:CurrentFinancialInstrumentPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.04-£512k
20232.52-£146k
20221.22-£177k£5k
20210.73+£10k£5k
20200.45

Derived from filed accounts. Not audited figures.