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Algas Medical Installations (North East) Ltd

12921416

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

7N ALDER ROAD, ALDER CREEK TRADE PARK, NORTH SHIELDS, NE29 8SD
Incorporated 02/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Alistair Mcnicol

director · Since 02/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 5 other boards

Mr Michael John Sayers

director · Since 30/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Algas Medical Installations Limited

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

14, Newton Place, Glasgow, G3 7PY

Reg: Sc284549 · Uk Register Of Companies · Private Company Limited By Shares

Notified 02/10/2020

Mr Alistair Mcnicol

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

British · United Kingdom · Age 70

14, Newton Place, Glasgow, G3 7PY

Notified 02/10/2020

CompanyRankvs 2334+ SIC 43290 peers
78

Financial strength92th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.84× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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2334Algas Medical Installations (North East) Ltd
77
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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 31/10/2025

Net Worth

£232k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£232k

Working capital

Current Assets

£272k

Current Liabilities

£40k

Fixed Assets

£361

Debtors

£233k

7avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20256.84+£45k
20242.50+£191k
20230.98—

Derived from filed accounts. Not audited figures.