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Medovate Limited

10894990

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

96 HAMPSTEAD AVENUE, MILDENHALL, IP28 7AS
Incorporated 02/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Parag Jyotindra Mehta

director · Since 21/11/2017

BUSINESSMAN

AMERICAN · UNITED STATES · Age 58

Also on 11 other boards

Persons with Significant Control

Lunovi Limited

75–100% shares
75–100% votes

C/O Jeb Technologies Limited, Hampstead Avenue, Mildenhall, IP28 7AS

Reg: 09742722 · Companies House · Corporate

Notified 25/10/2021

Former PSCs

Health Enterprise East Limited

Ceased 13/08/2021

Kelta Limited

Ceased 25/10/2021

Nvm Private Equity Llp

Ceased 13/08/2021

Mercia Fund Management Limited

Ceased 02/11/2023

CompanyRankvs 33720+ SIC 72190 peers
56

Financial strength50th percentile among SIC peers · 13/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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3372Medovate Limited
52
How is this score calculated?
Financial strength13/25 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.

Liquidity6/20 pts

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

Longevity9/15 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

£230

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£275k

Working capital

Current Assets

£360k

Current Liabilities

£635k

Fixed Assets

£25k

Debtors

£71k

6avg. employees-3

Balance Sheet

Intangible assets£23k
Assets less current liabilities-£250k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.57
202316.71
202115.21

Derived from filed accounts. Not audited figures.