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Vermilion Medical Limited

13729390

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

17 BUNKERS HILL ROAD, HULL, HU4 6BD
Incorporated 08/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86220
Specialist medical practice activities

Officers

Dr Michael Ly

director · Since 08/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Khanh Ly

25–50% shares
25–50% votes

British · England · Age 64

17, Bunkers Hill Road, Hull, HU4 6BD

Notified 08/11/2021

Dr Michael Ly

25–50% shares
25–50% votes

British · England · Age 37

17, Bunkers Hill Road, Hull, HU4 6BD

Notified 08/11/2021

Former PSCs

Kim Ly

Ceased 10/03/2025

CompanyRankvs 9101+ SIC 86220 peers
62

Financial strength66th percentile among SIC peers · 17/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.59× · 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 strength17/25 pts

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

Employees5/15 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 30/11/2024

Net Worth

£45k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£69k

Current Liabilities

£26k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£45k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.59+£40k
20231.10-£18k
20221.57

Derived from filed accounts. Not audited figures.