MEDCURRENT UK LTD
🏛️Establishedactive
SC590606 · ltd · incorporated 2018-03-06
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2023
Net worth
£-83.5k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
1 live charge · oldest 1.5y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 9 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £83,519
Key financials
1 year extracted from filed iXBRL accountsCash
£2.6m
Net Worth
-£84k
Current Assets
£6.7m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2023-12-31 |
|---|---|
| Total assets | £-83.5k |
| Current assets | £6.71M |
| Cash | £2.57M |
| Debtors | £4.14M |
| Net assets | £-83.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2026-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-17📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-28🔒Charge registered #1Lender: The Bank of Nova Scotia
- 2024-10-14📄memorandum-articlesincorporation · MA
- 2024-10-14📄resolutionresolution · RESOLUTIONS
- 2024-10-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-11📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2024-10-11📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-10-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-04➕EDWIN COE SECRETARIES LIMITED appointedcorporate-secretary
- 2024-10-04➕GOFFENBERG, Brian Leonard appointeddirector
- 2024-10-04➕MATLOW, Daniel Paul appointeddirector
- 2024-10-04➕SANDERS, Michael John appointeddirector
- 2024-10-04➖GULA, William resigneddirector
- 2024-10-04➖HERMAN, Stephen Jay resigneddirector
- 2024-10-04➖MANGET, Jotinder Jit Singh resigneddirector
- 2024-09-30➖VISTRA COSEC LIMITED resignedcorporate-secretary
- 2024-09-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-05-31📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-20➕VISTRA COSEC LIMITED appointedcorporate-secretary
- 2021-01-06➖LASIUK, Paul Donald resigneddirector
- 2020-04-03➖MCCALLUM, Catherine Anne resigneddirector
- 2019-04-01➖DUBOC, Samuel Livingston resigneddirector
- 2018-03-06🏢Company incorporatedAs MEDCURRENT UK LTD
- 2018-03-06➕DUBOC, Samuel Livingston appointeddirector
- 2018-03-06➕GULA, William appointeddirector
- 2018-03-06➕HERMAN, Stephen Jay appointeddirector
- 2018-03-06➕LASIUK, Paul Donald appointeddirector
- 2018-03-06➕MANGET, Jotinder Jit Singh appointeddirector
- 2018-03-06➕MCCALLUM, Catherine Anne appointeddirector
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Vitalhub Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Vitalhub Uk Limited
Corporate parent · holds 75-100% shares · board control
⬇
MEDCURRENT UK LTD
This company · SC590606
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Vitalhub Uk Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/04/2026 |
1 historic (ceased) PSC
- Vitalhub Corpceased 01/04/2026· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| NATION OPTIONS LIMITED→ SC870946 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NEIL MACKINNON LIMITED→ SC143838 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| NEILWILLIAMS.BIZ LIMITED→ SC181781 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| NET AI TECH LTD→ SC689688 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| NEVIS SYSTEMS LIMITED→ SC160760 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| NEW EU SUPPORT SERVICE CIC→ SC315147 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| NEWGEN SOFT SOLUTIONS LTD→ SC832557 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| NEXUS IRS LTD→ SC878742 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| NGEN TECHNOLOGY LTD→ SC704704 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| NICOL ALEXANDER LTD→ SC289593 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| NIGHT EYES INTERACTIVE LTD→ SC742225 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| NOBLE SERVICES SCOTLAND LTD→ SC414489 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2018-03-06
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development
Registered office
4th Floor 115 George Street
Edinburgh
EH2 4JN
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05
Officers (4 active · 7 resigned)
EDWIN COE SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2024-10-04
View their other companies + combined net worth →
GOFFENBERG, Brian Leonard→
Activedirector · ~66y · appointed 2024-10-04
View their other companies + combined net worth →
MATLOW, Daniel Paul→
Activedirector · ~64y · appointed 2024-10-04
View their other companies + combined net worth →
SANDERS, Michael John→
Activedirector · ~53y · appointed 2024-10-04
View their other companies + combined net worth →
VISTRA COSEC LIMITED→
Resignedcorporate-secretary · appointed 2023-03-20 · resigned 2024-09-30
DUBOC, Samuel Livingston→
Resigneddirector · ~64y · appointed 2018-03-06 · resigned 2019-04-01
GULA, William→
Resigneddirector · ~74y · appointed 2018-03-06 · resigned 2024-10-04
HERMAN, Stephen Jay→
Resigneddirector · ~75y · appointed 2018-03-06 · resigned 2024-10-04
LASIUK, Paul Donald→
Resigneddirector · ~64y · appointed 2018-03-06 · resigned 2021-01-06
MANGET, Jotinder Jit Singh→
Resigneddirector · ~61y · appointed 2018-03-06 · resigned 2024-10-04
MCCALLUM, Catherine Anne→
Resigneddirector · ~70y · appointed 2018-03-06 · resigned 2020-04-03
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Bank of Nova Scotia | A registered charge | 1 property | 28/11/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (40 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-full
accounts · AA
2025-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-02
memorandum-articles
incorporation · MA
2024-10-14
resolution
resolution · RESOLUTIONS
2024-10-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-14
appoint-corporate-secretary-company-with-name-date
officers · AP04
2024-10-11
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-10-11
appoint-person-director-company-with-name-date
officers · AP01
2024-10-11
appoint-person-director-company-with-name-date
officers · AP01
2024-10-11
appoint-person-director-company-with-name-date
officers · AP01
2024-10-11