{"name":"MEDAAX LIMITED","company_number":"06263579","status":"Active","type":"Private Limited Company","incorporated":"2007-05-30","dissolved":null,"registered_office":"River Mills, Langley, Macclesfield, Cheshire, SK11 0ER","postcode":"SK11 0ER","sic_codes":[{"code":46410,"description":"Wholesale of textiles"}],"principal_activity":null,"previous_names":[{"name":"FLEETNESS 552 LIMITED","changed_on":"2007-09-03"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 October","last_made_up_to":"2025-10-31","next_due":"2027-07-31"},"employees":{"count":35,"accounts_date":"2025-10-31"},"financials":[{"financial_date":"2025-10-31","net_assets":1286289,"cash":70882,"average_employees":35},{"financial_date":"2024-10-31","net_assets":1001358,"cash":157210,"average_employees":32},{"financial_date":"2023-10-31","net_assets":773970,"cash":212875},{"financial_date":"2022-10-31","net_assets":553625,"cash":353121},{"financial_date":"2021-10-31","net_assets":1438851,"cash":176932}],"officers":{"current":4,"resigned":11,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":4,"outstanding":4},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Medaax Limited is an established textile wholesaler (since 2007) with growing equity (£1.29M) and a tangible asset base, but exhibits concerning liquidity trends — cash has fallen 80% over three years to just £71k against £2.3M of current liabilities, with a quick ratio of only 0.63. The dual PSC structure involving both founder [name withheld] and an Employee Ownership Trust is a notable governance feature. The overall risk profile is assessed as MEDIUM, and a credit or investment decision should be supported by reviewed management accounts, cash flow data, and stock/debtor ageing analysis not visible in the public filing.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/medaax","people":"https://www.companiesintheuk.co.uk/company/medaax/people","filing_history":"https://www.companiesintheuk.co.uk/company/medaax/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06263579","financials":"https://www.companiesintheuk.co.uk/company/medaax/financial","control":"https://www.companiesintheuk.co.uk/company/medaax/control","charges":"https://www.companiesintheuk.co.uk/company/medaax/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/medaax/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/medaax"}