MEDSOLVE (UK) LIMITED Financials
- Company number
- 09390744CopyCopy
- Registered office
- 172 Front Street, Chester Le Street DH3 3AZ
- Incorporated
- 15/01/2015
Company snapshot
- Status
- Active
- Employees
- 177 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-25.78%vs 20232023: £1.16M
Total Assets
-21.70%vs 20232023: £1.56M
Cash in Bank
-96.90%vs 20232023: £304.59K
Total Liabilities
-7.65%vs 20232023: £324.56K
Employees
-114vs 20232023: 291
In 2024, MEDSOLVE (UK) LIMITED reported net assets of £862.33K. The same filing shows total assets of £1.22M, cash in bank of £9.45K and total liabilities of £299.73K. Reported headcount was 177 in 2024. Total Assets fell from £1.56M in 2023 to £1.22M in 2024 (-21.70%). 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
-25.78%from £1.16M 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 MEDSOLVE (UK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-24.1%vs 2022-12.9% a year compound (CAGR)
Cash in Bank
-97.5%vs 2022-84.1% a year compound (CAGR)
Total Assets
-23%vs 2022-12.2% a year compound (CAGR)
Total Liabilities
-29.7%vs 2022-16.2% a year compound (CAGR)
Employees
+22.1%vs 2022+32Biggest increase
Employees+22.1%
145 in 2022 to 177 in 2024
Biggest decrease
Cash in Bank-97.5%
£371.50K in 2022 to £9.45K in 2024
MEDSOLVE (UK) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MEDSOLVE (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
- 70.82%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
- 24.62%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
- 3.15%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
- 0.78%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 MEDSOLVE (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 675.85K | 1.14M | 1.16M | 862.33K |
| Total Assets£ | 947.97K | 1.58M | 1.56M | 1.22M |
| Cash in Bank£ | 9.32K | 371.50K | 304.59K | 9.45K |
| Total Liabilities£ | 260.41K | 426.57K | 324.56K | 299.73K |
| Employees | 107 | 145 | 291 | 177 |
MEDSOLVE (UK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEDSOLVE (UK) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MEDSOLVE (UK) LIMITED reported net assets of £862.33K for 2024. That compares with £1.16M in 2023, a change of -25.78%.
MEDSOLVE (UK) LIMITED reported total assets of £1.22M for 2024. That compares with £1.56M in 2023, a change of -21.70%.
MEDSOLVE (UK) LIMITED reported cash in bank of £9.45K for 2024. That compares with £304.59K in 2023, a change of -96.90%.
MEDSOLVE (UK) LIMITED reported 177 employees in 2024, compared with 291 in 2023.
Between 2022 and 2024, MEDSOLVE (UK) LIMITED's net assets fell by 24.1%, cash in bank fell by 97.5%, total assets fell by 23% and total liabilities fell by 29.7%. Net assets contracted at 12.9% a year across the two years to 2024, from £1.14M to £862.33K. Reported headcount went from 145 in 2022 to 177 in 2024 (+32).
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.