Company Overview
Medical Device Usability Limited is a Dissolved Private Limited Company.
Registered Address

Compass House Vision Park, Chivers Way, Histon, Cambridge, CB24 9BZ
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Companies House Data
Company NameMEDICAL DEVICE USABILITY LIMITED
Company Number07568591
Registered Office AddressCompass House Vision Park
 Chivers Way, Histon
 CB24 9BZ
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date17/03/2011
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/03/2020
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/04/2017
Returns Last Made Up Date17/03/2016
Directors & Members
Show Resigned
Gitte Schjotz - Director
(Danish, 56 years old, born November 1970)
Appointed 31 August 2018
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Gitte Schjotz
DOKIMI GROUP LTD
MD REGISTRATION SUPPORT LIMITED
PANGOLIN PROPERTIES LTD
UL TELFORD UK LTD
UL VS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Balance Sheet
Fixed Assets 39,777 39,777 51,283
Current Assets 486,529 486,529 388,990
Creditors Due Within One Year 81,755 81,755 214,819
Working Cap 404,774 404,774 174,171
Total Assets Less Current Liabilities 444,551 444,551 225,454
Long-term Liabilities 1,306 1,306 2,506
Net Assets 443,245 443,245 222,948
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 443,245 443,245 222,948
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Tangible Fixed Assets - - -
Fixed Assets 7.6% 7.6% 11.6%
Stocks Inventory - - -
Debtors 41.2% 41.2% 43.3%
Cash Bank In Hand 51.3% 51.3% 45.1%
Current Assets 92.4% 92.4% 88.4%
Creditors Due Within One Year 15.5% 15.5% 48.8%
Net Current Assets Liabilities 76.9% 76.9% 39.6%
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 84.2% 84.2% 50.6%
Capital Employed - - -
Total Assets Less Current Liabilities 84.5% 84.5% 51.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Liquidity Ratio 6.0 6.0 1.8
Solvency Ratio 6.3 6.3 2.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Assets 526,306 526,306 440,273
Debt 83,061 83,061 217,325
Net Assets/Debt 443,245 443,245 222,948
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
First Gazette notice for voluntary strike-off
Withdraw the company strike off application
Application to strike the company off the register
Registered office address changed from 150 Cambridge Science Park Milton Road Cambridge CB4 0GN England to Compass House Vision Park Chivers Way, Histon Cambridge CB24 9BZ on 4 August 2020
Confirmation statement made on 17 March 2020 with updates
Confirmation statement made on 17 March 2019 with updates
Termination of appointment of Richard William Featherstone as a director on 31 August 2018
Termination of appointment of Sally Ann Featherstone as a director on 31 August 2018
Appointment of Gitte Schjotz as a director on 31 August 2018
Confirmation statement made on 17 March 2018 with updates
Registered office address changed from Cambridge Viewing the Quorum, Q3, 2nd Floor Barnwell Drive Cambridge Cambridgeshire CB5 8RE to 150 Cambridge Science Park Milton Road Cambridge CB4 0GN on 11 January 2018
Confirmation statement made on 17 March 2017 with updates
Annual return made up to 17 March 2016 with full list of shareholders
Annual return made up to 17 March 2015 with full list of shareholders
Cancellation of shares. Statement of capital on 18 October 2014
Purchase of own shares.
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