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Zzit Medical Ltd

14677375

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

87-89 KINGS ROAD, READING, READING, RG1 3DD
Incorporated 20/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Dr Tabassum Malik

director · Since 20/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Dr Zulfiqar Ahmad Minhas

director · Since 20/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Dr Zulfiqar Ahmad Minhas

25–50% shares
25–50% votes

British · United Kingdom · Age 54

20, Beaker Place, Abingdon, OX14 4FR

Notified 20/02/2023

Dr Tabassum Malik

25–50% shares
25–50% votes

British · United Kingdom · Age 46

20, Beaker Place, Abingdon, OX14 4FR

Notified 20/02/2023

CompanyRankvs 174488+ SIC 70229 peers
29

Financial strength13th percentile among SIC peers · 3/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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174488Zzit Medical Ltd
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How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 pts

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

Liquidity2/20 pts

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

Longevity3/15 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 28/02/2025

Net Worth

-£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£2k

Current Liabilities

£5k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by Dr Zulfiqar Minhas 27/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.40

Derived from filed accounts. Not audited figures.