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Touch Independent Medical Education Ltd

12930292

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

3 STOCKPORT EXCHANGE, STOCKPORT, SK1 3GG
Incorporated 05/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58141
Publishing of learned journals

Officers

Mr Matthew Brian Goodwin

director · Since 29/10/2020

DEPUTY MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Touch Medical Media Group Holdings Ltd

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

3 Stockport Exchange, Stockport, SK1 3GG

Reg: 08197142 · Companies House · Limited By Shares

Notified 04/11/2020

Former PSCs

Inhoco Formations Limited

Ceased 29/10/2020

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 14/09/2023Registered 27/09/2023

CompanyRankvs 132+ SIC 58141 peers
49

Financial strength85th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£6.9M

Annual revenue

Net Worth

£72k

Balance sheet strength

Cash

£831k

Cash in the bank

Profit Before Tax

£388k

Bottom line earnings

Net Current Assets

£66k

Working capital

Current Assets

£1.8M

Current Liabilities

£1.7M

Debtors

£947k

Cost of Sales

£2.5M

Gross Profit

£4.4M

Admin Expenses

£4.0M

Operating Profit

£388k

Profit After Tax

£388k

25avg. employees-39

Tax at Year End

Corp tax£17k

People Costs

Wages & salaries£1.9M
NI contributions£167k

Balance Sheet

Intangible assets£6k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04+£388k
20230.96

Derived from filed accounts. Not audited figures.