MEDICARE EUROPE LTD Financials
- Company number
- 07631060CopyCopy
- Registered office
- Windfall House C/O Iac Accountants Ltd Units D1 The Courtyard, Alban Park, Hatfield Road, St. Albans AL4 0LA
- Incorporated
- 11/05/2011
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
49.16%vs 20232023: £698.85K
Total Assets
-34.99%vs 20232023: £712.50K
Cash in Bank
356.74%vs 20232023: £21.36K
Total Liabilities
-163.02%vs 20232023: £-318.15K
Employees
-1vs 20232023: 5
In 2024, MEDICARE EUROPE LTD reported net assets of £1.04M. The same filing shows total assets of £463.19K, cash in bank of £97.57K and total liabilities of £-836.79K. Reported headcount was 4 in 2024. Total Liabilities fell from £-318.15K in 2023 to £-836.79K in 2024 (-163.02%). Okredo holds filed figures for 2021–2024; 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
49.16%from £698.85K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MEDICARE EUROPE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+148%vs 2022+57.6% a year compound (CAGR)
Cash in Bank
+24.1%vs 2022+11.4% a year compound (CAGR)
Total Assets
-49.1%vs 2022-28.6% a year compound (CAGR)
Total Liabilities
-638%vs 2022Employees
-33.3%vs 2022-2Biggest increase
Net Assets+148%
£419.58K in 2022 to £1.04M in 2024
Biggest decrease
Total Liabilities-638%
£155.64K in 2022 to £-836.79K in 2024
MEDICARE EUROPE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MEDICARE EUROPE LTD'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
- 225.05%2024
- 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
- -180.66%2024
- 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
- -11.66%2024
- 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
- 21.06%2024
- 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 EUROPE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 205.02K | 419.58K | 698.85K | 1.04M |
| Total Assets£ | 615.37K | 909.48K | 712.50K | 463.19K |
| Cash in Bank£ | 105.34K | 78.60K | 21.36K | 97.57K |
| Total Liabilities£ | 208.14K | 155.64K | -318.15K | -836.79K |
| Employees | 8 | 6 | 5 | 4 |
MEDICARE EUROPE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEDICARE EUROPE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MEDICARE EUROPE LTD reported net assets of £1.04M for 2024. That compares with £698.85K in 2023, a change of 49.16%.
MEDICARE EUROPE LTD reported total assets of £463.19K for 2024. That compares with £712.50K in 2023, a change of -34.99%.
MEDICARE EUROPE LTD reported cash in bank of £97.57K for 2024. That compares with £21.36K in 2023, a change of 356.74%.
MEDICARE EUROPE LTD reported 4 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, MEDICARE EUROPE LTD's net assets rose by 148%, cash in bank rose by 24.1%, total assets fell by 49.1% and total liabilities fell by 638%. Net assets compounded at 57.6% a year across the two years to 2024, from £419.58K to £1.04M. Reported headcount went from 6 in 2022 to 4 in 2024 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.