The Firmwatch take
Medicare Birmingham Limited is a 9-year-old retail, active on the Companies House register. The latest filed accounts (year to 31 October 2024) show -GBP 381k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 25 May 2026
Incorporated
28 October 2016
9 years on the register
Sector
Dispensing chemist
SIC 47730
Size
Not classified
Net assets
−£381k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
68/100
high risk
Estimated public-data value
-£381,353 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Retail
Sample: 137,205 companies
Negative net assets: 22.7%
- Net assets vs sector median
- -£382,200
- Working capital vs sector median
- -£170,504
- Sector median current ratio
- 1.09
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 137,205 retailers (2024).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£280,951
Current liabilities
Amounts due within one year (short-term creditors).
£448,595
Working capital
Current assets minus current liabilities.
-£167,644
Median £3k
Fixed assets
Long-term tangible and intangible assets.
£212,182
Total assets less current liabilities
Fixed assets plus working capital.
£44,538
Net assets
What's left after liabilities are deducted from assets.
-£381,353
Median £847
Equity (capital & reserves)
Shareholder funds.
£100
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.6×
Median 1.1×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.