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Newtech Medical Innovation Ltd

13414448

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

21 SNOWBERRY AVENUE, WORCESTER, WR4 0JA
Incorporated 21/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26600
Manufacture of irradiation, electromedical and electrotherapeutic equipment
32500
Manufacture of medical and dental instruments and supplies
47749
47749

Officers

Mr Salihu Yusuf Ali

director · Since 21/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Mr Gabriel Acheneje Odoma

director · Since 21/05/2021

COMPANY DIRECTOR

NIGERIAN · NIGERIA · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Gabriel Acheneje Odoma

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

Nigerian · Nigeria · Age 56

21, Snowberry Avenue, Worcester, WR4 0JA

Notified 21/05/2021

Mr Salihu Yusuf Ali

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

British · England · Age 52

316, Prince Rupert Drive, Aylesbury, HP19 9DJ

Notified 01/09/2021

CompanyRankvs 40+ SIC 26600 peers
63

Financial strength54th percentile among SIC peers · 14/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 27.23× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 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.

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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£2k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£44k

Current Liabilities

£2k

Fixed Assets

£437

Debtors

£37k

1avg. employees

Balance Sheet

Assets less current liabilities£43k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202527.23+£0
202527.23+£433
202424.80
202336.05

Derived from filed accounts. Not audited figures.