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Midlands Medicare Agency Ltd

10907284

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SUITE 28 ELITE HOUSE, BIRMINGHAM, B12 0NL
Incorporated 09/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

84120
Regulation of the activities of providing health care, education, cultural services and other social services

Officers

Dr Ibitoye Sakarryah Ajeigbe

director · Since 09/08/2017

MEDICAL DOCTOR

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Dr Abidemi Sola Sokunbi

director · Since 09/08/2017

MEDICAL DOCTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Dr Abidemi Sola Sokunbi

50–75% shares

British · England · Age 54

Suite 28 Elite House, 70 Warwick Street, Birmingham, B12 0NL

Notified 09/08/2017

Dr Ibitoye Sakarryah Ajeigbe

50–75% shares

British · England · Age 69

Suite 28 Elite House, 70 Warwick Street, Birmingham, B12 0NL

Notified 09/08/2017

CompanyRankvs 679+ SIC 84120 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

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 25/08/2024

Net Worth

£65k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£10k

Current Liabilities

£73k

Fixed Assets

£1k

18avg. employees-2

Balance Sheet

Assets less current liabilities£62k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14+£1k
20230.12-£1k
20220.06+£5k
20210.02+£7k
20200.00+£19k
20190.00+£6k
20180.10

Derived from filed accounts. Not audited figures.