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Medi Wav Ltd

12394699

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

3 COURTLANDS ROAD, EASTBOURNE, BN22 8TR
Incorporated 09/01/2020

Compliance

Last accounts

31/01/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 25/01/2026

Due 08/02/2027

On track

Industry

49320
Taxi operation

Officers

Mr Julian Edward Ledger

director · Since 19/08/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Shaun Richardson Innes

director · Since 01/12/2020

SELF EMPLOYED

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Julian Edward Ledger

50–75% shares
50–75% votes
Appoint directors

British · England · Age 55

3, Courtlands Road, Eastbourne, BN22 8TR

Notified 24/11/2020

Mr Shaun Richardson Innes

25–50% shares
25–50% votes

British · England · Age 54

3, Courtlands Road, Eastbourne, BN22 8TR

Notified 10/04/2021

Former PSCs

Julian Edward Ledger

Ceased 02/02/2020

Mr Julian Edward Ledger

Ceased 04/03/2020

Mr Shaun Richardson Innes

Ceased 08/11/2024

Charges1 outstanding

Charge
outstanding

PARAGON BUSINESS FINANCE PLC

Created 31/01/2024Registered 05/02/2024
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 29/12/2022Registered 30/12/2022Satisfied 06/02/2024

CompanyRankvs 7855+ SIC 49320 peers
34

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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7855Medi Wav Ltd
39
How is this score calculated?
Financial strength1/25 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.

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.

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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£97k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£226k

Working capital

Current Assets

£271k

Current Liabilities

£497k

Fixed Assets

£504k

Debtors

£270k

41avg. employees+1

Balance Sheet

Assets less current liabilities£278k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.55
20240.36
20230.51

Derived from filed accounts. Not audited figures.