Coyne Medical Ltd
11562188
Some Concerns
- 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
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 11/09/2018
director · Since 11/09/2018
DOCTOR - MEDICAL
BRITISH · UNITED KINGDOM · Age 44
Persons with Significant Control
Mr John Hugh Coyne
Irish · United Kingdom · Age 45
24, Rostrevor Road, London, SW6 5AD
Notified 11/09/2018
Ms Lucy Veronica Bernadette Hooper
British · United Kingdom · Age 44
24, Rostrevor Road, London, SW6 5AD
Notified 11/09/2018
CompanyRankvs 8475+ SIC 86210 peers48
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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
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.45 | +£68k |
| 2023 | 2.27 | -£128k |
| 2021 | 0.25 | -£8k |
| 2020 | 0.12 | -£207k |
| 2019 | 0.68 | — |
Derived from filed accounts. Not audited figures.