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Medicare Essential Ltd

13541945

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

63 EDENBRIDGE ROAD, BIRMINGHAM, B28 8PS
Incorporated 01/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86210
General medical practice activities

Officers

Dr Muhammad Umer Ali

director · Since 01/08/2021

DOCTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Dr Muhammad Umer Ali

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

British · England · Age 35

63, Edenbridge Road, Birmingham, B28 8PS

Notified 01/08/2021

CompanyRankvs 3050+ SIC 86210 peers
73

Financial strength79th percentile among SIC peers · 20/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.76× · 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 strength20/25 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.

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 31/08/2024

Net Worth

£80k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£80k

Working capital

Current Assets

£101k

Current Liabilities

£21k

3avg. employees

Balance Sheet

Assets less current liabilities£80k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.76-£2k
20233.84-£7k
20223.28

Derived from filed accounts. Not audited figures.