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Recor Medical Ltd

11604921

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)

Details

INNOVATION HOUSE INNOVATION WAY, SANDWICH, CT13 9FF
Incorporated 04/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32500
Manufacture of medical and dental instruments and supplies

Officers

Dr Helen Louise Reeve-Stoffer

director · Since 04/10/2018

VP CLINICAL AFFAIRS

BRITISH · UNITED STATES · Age 56

Mr Michael Scott Jones

secretary · Since 29/06/2023

Also on 1 other board

Mr Michael Scott Jones

director · Since 29/06/2023

DIRECTOR

AMERICAN · UNITED STATES · Age 57

Also on 1 other board

CompanyRankvs 1296+ SIC 32500 peers
43

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.2M

Balance sheet strength

Cash

£936k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£1.4M

Current Liabilities

£2.6M

Fixed Assets

£24k

Debtors

£497k

16avg. employees-1

Tax at Year End(2023)

Corp tax£62k

Balance Sheet

Assets less current liabilities-£1.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55+£286k
20230.60

Derived from filed accounts. Not audited figures.