General Medical Italia Ltd
10705878
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 18/09/2025
Due 02/10/2026
Industry
Officers
director · Since 04/06/2021
DIRECTOR
ITALIAN · UNITED KINGDOM · Age 45
Also on 26 other boards
director · Since 01/12/2022
DIRECTOR
ITALIAN · SWITZERLAND · Age 65
Also on 1 other board
Persons with Significant Control
Mr Domenico Montesano
Italian · Switzerland · Age 65
C/O Gmi, Via Nazionale, Montefredane, 83030
Notified 03/04/2017
International Medical Devices S.P.A.
19, The Circle, London, SE1 2JE
Reg: 02602490167 · Camera Di Commercio Di Bergamo · Societa' Per Azioni
Notified 16/09/2024
CompanyRankvs 1717+ SIC 46730 peers32
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
-£128k
Balance sheet strength
Cash
£153k
Cash in the bank
Net Current Assets
-£288k
Working capital
Current Assets
£1.5M
Current Liabilities
£1.8M
Fixed Assets
£159k
Debtors
£538k
Tax at Year End
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.84 | -£20k |
| 2023 | 0.80 | -£14k |
| 2022 | 0.85 | -£159k |
| 2021 | 1.11 | -£91k |
| 2021 | 1.34 | +£94k |
| 2020 | 1.17 | +£20k |
| 2019 | 1.15 | — |
Derived from filed accounts. Not audited figures.