Back to search

Medicine 8 Limited

10518418

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

69/71 LICHFIELD ROAD, WOLVERHAMPTON, WV11 1TW
Incorporated 09/12/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/12/2025

Due 15/12/2026

On track

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

Officers

Mr Simon Jones

director · Since 09/12/2016

BAKER

BRITISH · ENGLAND · Age 59

Also on 12 other boards

Persons with Significant Control

Mr Simon Jones

75–100% shares
75–100% votes
Appoint directors

British · England · Age 59

The Peak, Chillington Lane, Wolverhampton, WV8 1QF

Notified 09/12/2016

CompanyRankvs 164+ SIC 47240 peers
83

Financial strength92th percentile among SIC peers · 23/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 14.18× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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 31/12/2024

Net Worth

£135k

Balance sheet strength

Cash

£166k

Cash in the bank

Net Current Assets

£943k

Working capital

Current Assets

£1.0M

Current Liabilities

£72k

Fixed Assets

£1.2M

Debtors

£799k

85avg. employees

Tax at Year End(2022)

VAT£70k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202414.18+£401k
202310.47+£246k
20220.73-£505k£1.4M
20211.51+£1k
2020+£6k£16k
20190.01+£388
2018-0.02

Derived from filed accounts. Not audited figures.