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Medline Services Uk Limited

12752290

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT A2 SYMMETRY PARK, BICESTER, OX26 6GF
Incorporated 19/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52103
52103
64204
Activities of distribution holding companies

Officers

Mr David Wojtasinski

director · Since 16/09/2021

DIRECTOR

FRENCH · FRANCE · Age 48

Persons with Significant Control

Medline Stellar Uk Limited

75–100% shares
75–100% votes
Appoint directors

3rd Floor, Quayside, Greenalls Avenue, Warrington, WA4 6HL

Reg: 07567112 · Companies House · Limited By Shares

Notified 19/07/2020

CompanyRankvs 2459+ SIC 52103 peers
48

Financial strength63th percentile among SIC peers · 16/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.62× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees5/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

positive cash flows and profits during 2025 and beyond. The business model is such that as the entity is intrinsically linked to the wider Medline group, the company’s ability to continue as a going concern being inextricably linked to that of the wider Medline group. true 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and service

Key FinancialsYear ending 31/12/2024

Net Worth

£10k

Balance sheet strength

Cash

£241k

Cash in the bank

Net Current Assets

£513k

Working capital

Current Assets

£1.3M

Current Liabilities

£834k

Debtors

£1.1M

Profit After Tax

£178k

1avg. employees

Tax at Year End

Corp tax£18k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.62+£0
20231.20-£59k
20221.12+£35k
20211.12+£24k

Derived from filed accounts. Not audited figures.