MEDICARE EMS GROUP UK LIMITED Financials
- Company number
- 05840312CopyCopy
- Registered office
- 1066 London Road, Leigh-On-Sea, Essex SS9 3NA
- Incorporated
- 07/06/2006
Company snapshot
- Status
- In Administration
- Employees
- 200 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-96.56%vs 20222022: £1.13M
Total Assets
-5.90%vs 20222022: £8.47M
Cash in Bank
33.10%vs 20222022: £30.11K
Total Liabilities
20.80%vs 20222022: £4.38M
Employees
+158vs 20222022: 42
In 2023, MEDICARE EMS GROUP UK LIMITED reported net assets of £39.08K. The same filing shows total assets of £7.97M, cash in bank of £40.08K and total liabilities of £5.29M. Reported headcount was 200 in 2023. Net Assets fell from £1.13M in 2022 to £39.08K in 2023 (-96.56%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-96.56%from £1.13M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MEDICARE EMS GROUP UK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-96.8%vs 2021-82.1% a year compound (CAGR)
Cash in Bank
-13.1%vs 2021-6.8% a year compound (CAGR)
Total Assets
+29.2%vs 2021+13.7% a year compound (CAGR)
Total Liabilities
+94.8%vs 2021+39.6% a year compound (CAGR)
Employees
+1718%vs 2021+189Biggest increase
Employees+1718%
11 in 2021 to 200 in 2023
Biggest decrease
Net Assets-96.8%
£1.23M in 2021 to £39.08K in 2023
MEDICARE EMS GROUP UK LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MEDICARE EMS GROUP UK LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 0.49%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 66.33%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.76%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.50%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MEDICARE EMS GROUP UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.23M | 1.13M | 39.08K |
| Total Assets£ | 6.17M | 8.47M | 7.97M |
| Cash in Bank£ | 46.12K | 30.11K | 40.08K |
| Total Liabilities£ | 2.72M | 4.38M | 5.29M |
| Employees | 11 | 42 | 200 |
MEDICARE EMS GROUP UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEDICARE EMS GROUP UK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MEDICARE EMS GROUP UK LIMITED reported net assets of £39.08K for 2023. That compares with £1.13M in 2022, a change of -96.56%.
MEDICARE EMS GROUP UK LIMITED reported total assets of £7.97M for 2023. That compares with £8.47M in 2022, a change of -5.90%.
MEDICARE EMS GROUP UK LIMITED reported cash in bank of £40.08K for 2023. That compares with £30.11K in 2022, a change of 33.10%.
MEDICARE EMS GROUP UK LIMITED reported 200 employees in 2023, compared with 42 in 2022.
Between 2021 and 2023, MEDICARE EMS GROUP UK LIMITED's net assets fell by 96.8%, cash in bank fell by 13.1%, total assets rose by 29.2% and total liabilities rose by 94.8%. Net assets contracted at 82.1% a year across the two years to 2023, from £1.23M to £39.08K. Reported headcount went from 11 in 2021 to 200 in 2023 (+189).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.