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Medspal Ltd

14925814

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

111 LOOSE ROAD, MAIDSTONE, ME15 7DH
Incorporated 09/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities
74100
Specialised design activities

Officers

Mr Pavelas Sokolovas

director · Since 09/06/2023

DIRECTOR

LITHUANIAN · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Pavelas Sokolovas

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

Lithuanian · United Kingdom · Age 52

111, Loose Road, Maidstone, ME15 7DH

Notified 09/06/2023

CompanyRankvs 24861+ SIC 71129 peers
29

Financial strength13th percentile among SIC peers · 3/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 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.

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 30/06/2025

Net Worth

-£107

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£107

Working capital

Current Assets

£160

Current Liabilities

£267

0avg. employees

Balance Sheet

Assets less current liabilities-£107
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20250.60
20250.60

Derived from filed accounts. Not audited figures.