Company Overview
Mymed Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 08 September 2015, so this is a well established company. Mymed Ltd has been in business for 10 years and 6 months. The accounts status is audit exemption subsidiary and the accounts are next due on Tuesday 30 September 2025.
Registered Address

13Th Floor, 21-24 Millbank Tower Millbank, London, SW1P 4QP
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Companies House Data
Company NameMYMED LTD
Company Number09768044
Registered Office Address13th Floor, 21-24 Millbank Tower Millbank
 SW1P 4QP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date08/09/2015
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date13/11/2016
Returns Last Made Up Date16/10/2015
Directors & Members
Show Resigned
Danoosh Vahdat - Director
(British, 42 years old, born August 1984)
Appointed 16 September 2024
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Danoosh Vahdat
BIOBEATS GROUP LTD
ECONSULT HEALTH LIMITED
ENERGY TECH LTD
HUMA THERAPEUTICS LIMITED
IPLATO HEALTHCARE LIMITED
IPLATO LIMITED
MEDOPAD LIMITED
MEDSUBONE LTD
VANDAS VENTURES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 1,321,091 1,321,091 1,517,475
Current Assets 232,433 232,433 331,850
Creditors Due Within One Year 126,737 126,737 321,648
Working Cap 105,696 105,696 10,202
Total Assets Less Current Liabilities 1,426,787 1,426,787 1,527,677
Long-term Liabilities 1,348,666 1,348,666 1,066,660
Net Assets 78,121 78,121 461,017
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 78,121 78,121 461,017
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 85.0% 85.0% 82.1%
Stocks Inventory - - -
Debtors 12.2% 12.2% 13.2%
Cash Bank In Hand 2.7% 2.7% 4.8%
Current Assets 15.0% 15.0% 17.9%
Creditors Due Within One Year 8.2% 8.2% 17.4%
Net Current Assets Liabilities 6.8% 6.8% 0.6%
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 5.0% 5.0% 24.9%
Capital Employed - - -
Total Assets Less Current Liabilities 91.8% 91.8% 82.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 1.8 1.8 1.0
Solvency Ratio 1.1 1.1 1.3
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-2024 31-Mar-2023 31-Mar-2022
Assets 1,553,524 1,553,524 1,849,325
Debt 1,475,403 1,475,403 1,388,308
Net Assets/Debt 78,121 78,121 461,017

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 presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. 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 presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. 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 presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. 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
Previous accounting period shortened from 31 March 2025 to 31 December 2024
Consolidated accounts of parent company for subsidiary company period ending 31/03/24
Notice of agreement to exemption from audit of accounts for period ending 31/03/24
Audit exemption statement of guarantee by parent company for period ending 31/03/24
Notification of Danoosh Vahdat as a person with significant control on 16 September 2024
Cessation of Econsult Health Limited as a person with significant control on 16 September 2024
Director's details changed for Mr Danoosh Vahdat on 26 September 2024
Confirmation statement made on 30 October 2024 with updates
Change of details for Econsult Health Limited as a person with significant control on 26 September 2024
Registered office address changed from 85 Great Portland Street London W1W 7LT England to 13th Floor, 21-24 Millbank Tower Millbank London SW1P 4QP on 26 September 2024
Termination of appointment of David John Morrison as a director on 16 September 2024
Termination of appointment of Murray Ellender as a director on 16 September 2024
Termination of appointment of Christopher Alan Whittle as a director on 16 September 2024
Appointment of Mr Danoosh Vahdat as a director on 16 September 2024
Registered office address changed from Third Floor, Moorfoot House 221 Marsh Wall London E14 9FJ England to 85 Great Portland Street London W1W 7LT on 3 April 2024
Confirmation statement made on 30 October 2023 with updates
Appointment of Mr David John Morrison as a director on 10 November 2022
Termination of appointment of Adrian Chamberlain as a director on 10 November 2022
Confirmation statement made on 30 October 2022 with updates
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