Company Overview
Medincharm Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 18 September 1998, so this is a well established company. Medincharm Limited has been in business for 25 years and 8 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 July 2024.
Registered Address

Suite 2, 378 Manchester Road, Oldham, OL9 7PG
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Companies House Data
Company NameMEDINCHARM LIMITED
Company Number03634624
Registered Office AddressSUITE 2
 378 MANCHESTER ROAD
 OL9 7PG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/09/1998
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2024
Accounts Last Made Up Date31/10/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/10/2016
Returns Last Made Up Date18/09/2015
Directors & Members
Show Resigned
Osman Farooq - Director
(British, 39 years old, born December 1985)
Self Employed - Appointed 24 August 2023
 Active
Investa Capital Advisors Ltd - Director
Appointed 21 August 2023
 Active
Secretaries
Show Resigned
Other Company Directorships
Osman Farooq
No companies found
Investa Capital Advisors Ltd
HOMECHARM LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Oct-2022 30-Apr-2021 30-Apr-2020
Balance Sheet
Fixed Assets 898,528 898,528 893,615
Current Assets 275,594 275,594 303,005
Creditors Due Within One Year 167,231 167,231 256,799
Working Cap 108,363 108,363 46,206
Total Assets Less Current Liabilities 1,006,891 1,006,891 939,821
Long-term Liabilities 59,518 59,518 613,102
Net Assets 947,373 947,373 326,719
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 947,373 947,373 326,719
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2022 30-Apr-2021 30-Apr-2020
Tangible Fixed Assets - - -
Fixed Assets 76.5% 76.5% 74.7%
Stocks Inventory - - -
Debtors 11.3% 11.3% 12.9%
Cash Bank In Hand 12.1% 12.1% 12.3%
Current Assets 23.5% 23.5% 25.3%
Creditors Due Within One Year 14.2% 14.2% 21.5%
Net Current Assets Liabilities 9.2% 9.2% 3.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 80.7% 80.7% 27.3%
Capital Employed - - -
Total Assets Less Current Liabilities 85.8% 85.8% 78.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2022 30-Apr-2021 30-Apr-2020
Liquidity Ratio 1.6 1.6 1.2
Solvency Ratio 5.2 5.2 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2022 30-Apr-2021 30-Apr-2020
Assets 1,174,122 1,174,122 1,196,620
Debt 226,749 226,749 869,901
Net Assets/Debt 947,373 947,373 326,719

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Satisfaction of charge 3 in full
All of the property or undertaking has been released and no longer forms part of charge 3
Satisfaction of charge 1 in full
Satisfaction of charge 2 in full
Order of court to rescind winding up
Appointment of Mr Osman Farooq as a director on 24 August 2023
Order of court to wind up
Registered office address changed from Offoxey Barns Offoxey Road Tong Shifnal Shropshire TF11 8QA to Suite 2 378 Manchester Road Oldham OL9 7PG on 13 October 2023
Cessation of Lynne Valerie Eagleton as a person with significant control on 21 August 2023
Notification of Investa Capital Advisors Ltd as a person with significant control on 21 August 2023
Termination of appointment of Lynne Valerie Eagleton as a director on 21 August 2023
Appointment of Investa Capital Advisors Ltd as a director on 21 August 2023
Confirmation statement made on 3 August 2023 with no updates
Previous accounting period extended from 30 April 2022 to 31 October 2022
Confirmation statement made on 3 August 2022 with no updates
Confirmation statement made on 3 August 2021 with no updates
Confirmation statement made on 3 August 2020 with updates
Cessation of Chris Eagleton as a person with significant control on 13 December 2019
Notification of Lynne Valerie Eagleton as a person with significant control on 13 December 2019
Appointment of Ms Lynne Valerie Eagleton as a director on 18 December 2019
Registered office address changed from 76 Manchester Road Denton Manchester M34 3PS to Offoxey Barns Offoxey Road Tong Shifnal Shropshire TF11 8QA on 18 December 2019
Termination of appointment of Christopher Edward Eagleton as a director on 13 December 2019
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