MEDIC 2 UK LIMITED

Company number 06431757 ·

Liquidation

The annual accounts for this company are overdue.

The confirmation statement for this company is overdue.

Executive summary

MEDIC 2 UK LIMITED represents a failed small nursing home operator that was unable to sustain the capital-intensive, heavily regulated care home business model. The company's trajectory from modest profitability (2011-2014) through apparent expansion (2015) to technical insolvency (2016) and eventual liquidation illustrates the acute vulnerability of undercapitalised standalone operators in a sector characterised by local authority fee compression, rising staffing costs, and regulatory compliance burdens. The negative net assets of £117,782, negligible cash of £5,733, and net current liabilities exceeding £637,000 confirm that this business was structurally unviable within the competitive and regulatory landscape of UK nursing home provision.

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Shareholders' funds

-£117,782

Balance sheet as at 2016-11-30

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Overview

Company type
Private Limited Company
Incorporated
2007-11-20
Registered office
WILKIN CHAPMAN LLP, Cartergate House 26 Chantry Lane, Grimsby, North East Lincolnshire, DN31 2LJ
Postcode
DN31 2LJ
Capital
100 GBP
Accounts category
Total Exemption Small
Charges
1 outstanding

Accounts

Last made up to
2016-11-30
Next due by
2018-08-31 Overdue
Financial year end
30 November

Confirmation statement

Last statement dated
2017-10-29
Next due by
2018-11-12 Overdue
View filing history →

Nature of business (SIC)

  • 86102 Medical nursing home activities

Officers 1 current · 3 resigned

Appointed 2018-06-07

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Contact details

Website
http://www.medic2.co.uk

Previous registered addresses 6

AddressChanged on
62-64 WESTERN ROAD, ROMFORD, RM1 3LP2018-07-25
ABACUS HOUSE 68A NORTH STREET, ROMFORD, ESSEX, RM1 1DA2014-08-14
UNIT 9 33 NOBEL SQUARE, BURNT MILLS INDUSTRIAL ESTATE, BASILDON, ESSEX, SS13 1LT, ENGLAND2014-01-08
UNIT 3 ESSEX ENTERPRISE CENTRE, 33 MOBEL SQUARE, BASILDON, ESSEX, SS13 1LT2011-01-13
UNIT 9 ESSEX ENTERPRISE CENTRE, 33 MOBEL SQUARE, BASILDON, ESSEX, SS13 1LT2009-03-06
62 BEECHWOOD ROAD, LONDON, E8 3DU2007-12-07

The class of 2007

11%

of the 220 companies in this sector incorporated in 2007 are still active today; 88% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →