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Med Fabs (Nw) Ltd

12237114

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 4 FARNWORTH PARK INDUSTRIAL ESTATE WELLINGTON STREET, BOLTON, BL4 7DT
Incorporated 01/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Bradley Meadowcroft

director · Since 01/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Leslie Meadowcroft

director · Since 01/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Leslie Meadowcroft

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

British · England · Age 64

Unit 4 Farnworth Park Industrial Estate, Wellington Street, Bolton, BL4 7DT

Notified 01/10/2019

Mr Bradley Meadowcroft

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

British · England · Age 36

Unit 4 Farnworth Park Industrial Estate, Wellington Street, Bolton, BL4 7DT

Notified 01/10/2019

CompanyRankvs 3648+ SIC 25990 peers
61

Financial strength55th percentile among SIC peers · 14/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/10/2024

Net Worth

£52k

Balance sheet strength

Cash

£43k

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£122k

Current Liabilities

£80k

Fixed Assets

£35k

Debtors

£79k

4avg. employees

Tax at Year End

Corp tax£21k
VAT£26k

Director Loans

Company owes directors£16k

Balance Sheet

Assets less current liabilities£77k
Signed by Mr Bradley Meadowcroft Mr Leslie Meadowcroft 22 January 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.53+£36k£521k
20231.32-£9k£261k
20221.33-£6k£443k
20211.64-£25k£298k
20202.39£351k

Derived from filed accounts. Not audited figures.