Medicobay Ltd
11588626
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 12/09/2025
Due 26/09/2026
Industry
Officers
director · Since 01/06/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
Persons with Significant Control
Ms Prema Latha Rachamalla
Indian · United Kingdom · Age 55
99, Brunel Crescent, Swindon, SN2 1FE
Notified 13/07/2021
CompanyRankvs 8043+ SIC 86101 peers38
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£5k
Balance sheet strength
Cash
£309
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£414
Current Liabilities
£6k
Debtors
£105
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.07 | -£12k |
| 2023 | 2.14 | — |
| 2022 | 2.21 | — |
| 2021 | 2.09 | — |
Derived from filed accounts. Not audited figures.