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Western Medicine Ltd

12442143

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

20 WEST AVENUE, EXETER, EX4 4SD
Incorporated 04/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86220
Specialist medical practice activities

Officers

Dr Christopher Price

secretary · Since 04/02/2020

Also on 1 other board

Dr Christopher Price

director · Since 04/02/2020

DOCTOR OF MEDICINE

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Dr Rachel Price

director · Since 04/02/2020

DOCTOR OF MEDICINE

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Christopher Price

25–50% shares
25–50% votes

British · United Kingdom · Age 57

27, Old Gloucester Street, London, WC1N 3AX

Notified 04/02/2020

Rachel Howells

25–50% shares
25–50% votes

British · United Kingdom · Age 57

20, West Avenue, Exeter, EX4 4SD

Notified 04/02/2020

CompanyRankvs 5533+ SIC 86220 peers
68

Financial strength70th percentile among SIC peers · 18/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.2× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

Liquidity20/20 pts

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

Longevity6/15 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 28/02/2025

Net Worth

£59k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£68k

Current Liabilities

£13k

Fixed Assets

£5k

2avg. employees

Balance Sheet

Assets less current liabilities£60k
Signed by 12442143 2024-03-01 2025-02-28 12442143 2025-02-28 12442143 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20255.20+£27k
20243.26+£18k
20231.64+£7k
20221.41+£2k
20211.55

Derived from filed accounts. Not audited figures.