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Coyne Medical Ltd

11562188

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

660 FULHAM ROAD, LONDON, SW6 5RX
Incorporated 11/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86210
General medical practice activities

Officers

Miss Lucy Hooper

secretary · Since 11/09/2018

Mr John Hugh Coyne

director · Since 11/09/2018

DOCTOR - MEDICAL

IRISH · UNITED KINGDOM · Age 45

Ms Lucy Veronica Bernadette Hooper

director · Since 11/09/2018

DOCTOR - MEDICAL

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr John Hugh Coyne

25–50% shares
25–50% votes

Irish · United Kingdom · Age 45

24, Rostrevor Road, London, SW6 5AD

Notified 11/09/2018

Ms Lucy Veronica Bernadette Hooper

25–50% shares
25–50% votes

British · United Kingdom · Age 44

24, Rostrevor Road, London, SW6 5AD

Notified 11/09/2018

CompanyRankvs 8475+ SIC 86210 peers
48

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.45× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

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

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

Company’s financial position, projected cash flows, and available funding sources in assessing its ability to continue as a going concern. 2.3 Revenue Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair valu

Key FinancialsYear ending 28/09/2024

Net Worth

-£372k

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

£226k

Working capital

Current Assets

£319k

Current Liabilities

£92k

Fixed Assets

£192k

Debtors

£180k

18avg. employees

Balance Sheet

Assets less current liabilities£419k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.45+£68k
20232.27-£128k
20210.25-£8k
20200.12-£207k
20190.68

Derived from filed accounts. Not audited figures.