MEDICINES R US LIMITED Financials
- Company number
- 07258925CopyCopy
- Registered office
- 9a Blenheim Crescent, Luton LU3 1HA
- Incorporated
- 19/05/2010
Company snapshot
- Status
- Active
- Employees
- 7 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-48.64%vs 20222022: £355.58K
Total Assets
1.86%vs 20222022: £594.95K
Cash in Bank
17.86%vs 20222022: £320.47K
Total Liabilities
76.99%vs 20222022: £237.60K
Employees
+2vs 20222022: 5
In 2023, MEDICINES R US LIMITED reported net assets of £182.61K. The same filing shows total assets of £606.01K, cash in bank of £377.70K and total liabilities of £420.53K. Reported headcount was 7 in 2023. Total Liabilities rose from £237.60K in 2022 to £420.53K in 2023 (76.99%). 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
-48.64%from £355.58K 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 MEDICINES R US LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-30.6%vs 2021-16.7% a year compound (CAGR)
Cash in Bank
+109%vs 2021+44.5% a year compound (CAGR)
Total Assets
+7.2%vs 2021+3.5% a year compound (CAGR)
Total Liabilities
+48.1%vs 2021+21.7% a year compound (CAGR)
Employees
+40%vs 2021+2Biggest increase
Cash in Bank+109%
£181.00K in 2021 to £377.70K in 2023
Biggest decrease
Net Assets-30.6%
£263.14K in 2021 to £182.61K in 2023
MEDICINES R US LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 MEDICINES R US 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
- 30.13%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
- 69.39%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
- 89.82%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
- 62.33%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 MEDICINES R US LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 263.14K | 355.58K | 182.61K |
| Total Assets£ | 565.43K | 594.95K | 606.01K |
| Cash in Bank£ | 181.00K | 320.47K | 377.70K |
| Total Liabilities£ | 283.97K | 237.60K | 420.53K |
| Employees | 5 | 5 | 7 |
MEDICINES R US LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEDICINES R US LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MEDICINES R US LIMITED reported net assets of £182.61K for 2023. That compares with £355.58K in 2022, a change of -48.64%.
MEDICINES R US LIMITED reported total assets of £606.01K for 2023. That compares with £594.95K in 2022, a change of 1.86%.
MEDICINES R US LIMITED reported cash in bank of £377.70K for 2023. That compares with £320.47K in 2022, a change of 17.86%.
MEDICINES R US LIMITED reported 7 employees in 2023, compared with 5 in 2022.
Between 2021 and 2023, MEDICINES R US LIMITED's net assets fell by 30.6%, cash in bank rose by 109%, total assets rose by 7.2% and total liabilities rose by 48.1%. Net assets contracted at 16.7% a year across the two years to 2023, from £263.14K to £182.61K. Reported headcount went from 5 in 2021 to 7 in 2023 (+2).
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.