Back to search

Emed Group Subco Limited

13119105

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ANGELS WING 1, WHITEHOUSE STREET, LEEDS, LS10 1AD
Incorporated 07/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Craig Smith

director · Since 18/12/2021

CEO

BRITISH · ENGLAND · Age 44

Also on 9 other boards

Persons with Significant Control

Emed Group Midco Limited

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

Angels Wing 1, Whitehouse Street, Hunslet, Leeds, LS10 1AD

Reg: 13118178 · Companies House · Limited By Shares

Notified 07/01/2021

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED

Created 19/03/2025Registered 25/03/2025
Charge
satisfied

TC LOANS LIMITED AS SECURITY AGENT

Created 24/02/2025Registered 27/02/2025Satisfied 12/03/2025
Charge
satisfied

TC LOANS LIMITED AS SECURITY AGENT

Created 18/12/2024Registered 20/12/2024Satisfied 28/02/2025
Charge
satisfied

TC LOANS LIMITED (AS SECURITY AGENT)

Created 25/09/2023Registered 28/09/2023Satisfied 28/02/2025
Charge
satisfied

TC LOANS LIMITED AS SECURITY AGENT

Created 19/01/2023Registered 23/01/2023Satisfied 26/09/2023
Charge
satisfied

CLYDESDALE BANK PLC AS LENDER

Created 15/07/2021Registered 15/07/2021Satisfied 18/01/2023

CompanyRankvs 37999+ SIC 64209 peers
21

Financial strength6th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

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

Longevity5/15 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

companies within the Group that might face dissolution in due course. Consequently, there is a material uncertainty which may cast significant doubt as to whether the Company will continue as a going concern. Page 2 EMED GROUP SUBCO LIMITED DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Matters covered in the Strategic Report Certain items required under Schedule 7 to be d

Key FinancialsYear ending 31/12/2024

Net Worth

-£17k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£8k

Bottom line earnings

Net Current Assets

-£17k

Working capital

Current Assets

£20.6M

Current Liabilities

£20.6M

Debtors

£20.6M

Admin Expenses

£8k

Operating Profit

-£8k

Profit After Tax

-£8k

3avg. employees

Tax at Year End(2023)

Dividends paid-£2.5M

Balance Sheet

Assets less current liabilities-£17k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£8k
20231.00-£12k
20221.00

Derived from filed accounts. Not audited figures.