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Medco Solutions Ltd

12535625

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

WELKIN HOUSE MILTON HILL, ABINGDON, OX13 6AB
Incorporated 26/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32500
Manufacture of medical and dental instruments and supplies
47749
47749

Officers

Mr Luke Robertson

secretary · Since 26/03/2020

Also on 1 other board

Mr Luke Robertson

director · Since 26/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Mr Ross Robertson

director · Since 26/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 11 other boards

Persons with Significant Control

Mr Luke Robertson

25–50% shares
25–50% votes

British · United Kingdom · Age 34

Welkin House, Milton Hill, Abingdon, OX13 6AB

Notified 26/03/2020

Mr Ross Robertson

25–50% shares
25–50% votes

British · England · Age 44

Welkin House, Milton Hill, Abingdon, OX13 6AB

Notified 26/03/2020

CompanyRankvs 348+ SIC 32500 peers
74

Financial strength95th percentile among SIC peers · 24/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 9.63× · 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 strength24/25 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 31/12/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.5M

Current Liabilities

£262k

Fixed Assets

£17k

Debtors

£2.5M

2avg. employees-1

Tax at Year End

VAT£17k

Director Loans

Company owes directors£16k
Directors owe company£71k

People Costs(2023)

Wages & salaries£48k

Balance Sheet

Assets less current liabilities£2.3M
Signed by Mr Luke Robertson 22/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20249.63+£1.1M£344k
20231.58-£8.1M
20202.94

Derived from filed accounts. Not audited figures.