Company Overview
Mediwatch Biomedical Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 28 November 2001, so this is a well established company. Mediwatch Biomedical Limited has been in business for 22 years and 5 months. The accounts status is full and the accounts are next due on Wednesday 21 March 2018.
Registered Address

The Apex, 2 Sheriffs Orchard, Coventry, CV1 3PP
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Companies House Data
Company NameMEDIWATCH BIOMEDICAL LIMITED
Company Number04330049
Registered Office AddressThe Apex
 2 Sheriffs Orchard
 CV1 3PP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/11/2001
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date21/03/2018
Accounts Last Made Up Date31/03/2016
Accounts Account CategoryFULL
Returns Next Due Date26/12/2016
Returns Last Made Up Date28/11/2015
Directors & Members
Show Resigned
Holger Furstenberg - Director
(German, 29 years old, born September 1995)
Managing Director - Appointed 01 July 2015
Active
Walter Stothers - Director
(Canadian, 58 years old, born October 1966)
Company Director - Appointed 07 October 2017
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Mar-2016 31-Oct-2013 31-Oct-2012
Balance Sheet
Fixed Assets 17,139 17,139 739
Current Assets 154,827 154,827 193,365
Creditors Due Within One Year 18,125 18,125 8,956
Working Cap 136,702 136,702 184,409
Total Assets Less Current Liabilities 153,841 153,841 185,148
Long-term Liabilities 6,091,324 6,091,324 5,622,623
Net Assets -5,937,483 -5,937,483 -5,437,475
Share Capital & Reserves
Share Cap 1 1 1
Profit & Loss Reserves -5,937,484 -5,937,484 -5,437,476
Other Reserves 0 0 0
Shareholders Funds -5,937,483 -5,937,483 -5,437,475
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2016 31-Oct-2013 31-Oct-2012
Tangible Fixed Assets - - -
Fixed Assets 10.0% 10.0% 0.4%
Stocks Inventory 0.0% 0.0% 11.3%
Debtors 90.0% 90.0% 88.4%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 90.0% 90.0% 99.6%
Creditors Due Within One Year 10.5% 10.5% 4.6%
Net Current Assets Liabilities 79.5% 79.5% 95.0%
Creditors Due After One Year 3542.2% 3542.2% 2896.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -3452.7% -3452.7% -2801.3%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve -3452.7% -3452.7% -2801.3%
Shareholder Funds -3452.7% -3452.7% -2801.3%
Capital Employed - - -
Total Assets Less Current Liabilities 89.5% 89.5% 95.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2016 31-Oct-2013 31-Oct-2012
Liquidity Ratio 8.5 8.5 21.6
Solvency Ratio 0.0 0.0 0.0
Reserves to Assets -34.5 -34.5 -28.0
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2016 31-Oct-2013 31-Oct-2012
Assets 171,966 171,966 194,104
Debt 6,109,449 6,109,449 5,631,579
Net Assets/Debt -5,937,483 -5,937,483 -5,437,475

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 has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Statement of capital following an allotment of shares on 20 December 2017
Previous accounting period shortened from 31 March 2017 to 31 December 2016
Register(s) moved to registered inspection location Walker Morris Llp Kings Court 12 King St Leeds LS1 2HL
Register inspection address has been changed to Walker Morris Llp Kings Court 12 King St Leeds LS1 2HL
Notification of Mediwatch Limited as a person with significant control on 6 April 2016
Cessation of Investor Ab as a person with significant control on 19 October 2017
Appointment of Mr Walter Wilson Stothers as a director on 7 October 2017
Termination of appointment of Brian Robert Ellacott as a director on 3 October 2017
Confirmation statement made on 4 August 2017 with updates
Cessation of Mediwatch Limited as a person with significant control on 16 September 2016
Notification of Investor Ab as a person with significant control on 16 September 2016
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 28 November 2016 with updates
Registered office address changed from Lumonics House Valley Drive Swift Valley Industrial Estate Rugby Warwickshire CV21 1TQ to The Apex 2 Sheriffs Orchard Coventry CV1 3PP on 9 November 2016
Termination of appointment of Robert Eugene Earley Jr as a secretary on 26 October 2016
Termination of appointment of Robert Eugene Earley Jr as a director on 26 October 2016
Appointment of Mr Robert Eugene Earley Jr as a secretary on 31 March 2016
Termination of appointment of Jeremy Guy Stimpson as a director on 31 March 2016
Termination of appointment of Jeremy Guy Stimpson as a secretary on 31 March 2016

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