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Medlock Solicitors Limited

11387854

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

6 OLDHAM ROAD, MANCHESTER, M4 5DB
Incorporated 30/05/2018

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 10/06/2025

Due 24/06/2026

On track

Industry

69102
Solicitors

Officers

Mr Ishthaiq Ahmed

secretary · Since 30/05/2018

Also on 2 other boards

Mr Ishthaiq Ahmed

director · Since 30/05/2018

SOLICITOR

BRITISH · UNITED KINGDOM · Age 43

Also on 2 other boards

Mr Gurpreet Singh

director · Since 30/05/2018

SOLICITOR

BRITISH · UNTIED KINGDOM · Age 42

Ms Xuelian Li

director · Since 18/11/2019

SOLICITOR

CHINESE · ENGLAND · Age 35

Persons with Significant Control

Mr Ishthaiq Ahmed

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 43

Friendly Lettings, Unit A-B,6, Oldham Road, Manchester, M4 5DB

Notified 30/05/2018

Mr Gurpreet Singh

25–50% shares
25–50% votes

British · Untied Kingdom · Age 42

45, Manley Road, Manchester, M16 8HP

Notified 30/05/2018

Ms Xuelian Li

25–50% shares
25–50% votes

Chinese · England · Age 35

6, Oldham Road, Manchester, M4 5DB

Notified 18/11/2019

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/10/2024Registered 18/10/2024

CompanyRankvs 824+ SIC 69102 peers
69

Financial strength86th percentile among SIC peers · 22/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.38× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

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.

Longevity8/15 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 31/10/2023

Net Worth

£319k

Balance sheet strength

Cash

£182k

Cash in the bank

Net Current Assets

£282k

Working capital

Current Assets

£365k

Current Liabilities

£83k

Fixed Assets

£72k

Debtors

£184k

16avg. employees-1

Tax at Year End

Corp tax£46k
VAT£27k

Director Loans

Company owes directors£486

Balance Sheet

Intangible assets£3k
Assets less current liabilities£354k
Signed by Mr GURPREET SINGH 28 March 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20234.38+£36k£538k
20223.79+£108k
20213.07+£81k
20201.46

Derived from filed accounts. Not audited figures.