Company Overview
Forum Medica Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 21 December 1999, so this is a well established company. Forum Medica Limited has been in business for 26 years and 3 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

14 London Road, Newark, Nottinghamshire, NG24 1TW
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Companies House Data
Company NameFORUM MEDICA LIMITED
Company Number03897941
Registered Office Address14 London Road
 Newark
 NG24 1TW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date21/12/1999
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date06/04/2017
Returns Last Made Up Date09/03/2016
Directors & Members
Show Resigned
Theresa Oduro - Director
(British, 70 years old, born April 1956)
Appointed 21 December 1999
 Active
George Oduro - Director
(British, 70 years old, born May 1956)
Appointed 10 April 2024
 Active
Secretaries
Show Resigned
George Oduro - Secretary
(British)
Appointed 21 December 1999
 Active
Other Company Directorships
Theresa Oduro
No companies found
George Oduro
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2020
Balance Sheet
Fixed Assets 5,409 5,409 6,022
Current Assets 350 350 4,322
Creditors Due Within One Year 111,766 111,766 83,204
Working Cap -111,416 -111,416 -78,882
Total Assets Less Current Liabilities -106,007 -106,007 -72,860
Long-term Liabilities 0 0 0
Net Assets -106,007 -106,007 -72,860
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -106,007 -106,007 -72,860
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 93.9% 93.9% 58.2%
Stocks Inventory - - -
Debtors - - 40.2%
Cash Bank In Hand 6.1% 6.1% 1.6%
Current Assets 6.1% 6.1% 41.8%
Creditors Due Within One Year 1940.7% 1940.7% 804.4%
Net Current Assets Liabilities -1934.6% -1934.6% -762.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -1840.7% -1840.7% -704.4%
Capital Employed - - -
Total Assets Less Current Liabilities -1840.7% -1840.7% -704.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2020
Liquidity Ratio 0.0 0.0 0.1
Solvency Ratio 0.1 0.1 0.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2020
Assets 5,759 5,759 10,344
Debt 111,766 111,766 83,204
Net Assets/Debt -106,007 -106,007 -72,860

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 9 March 2025 with no updates
Register(s) moved to registered office address 14 London Road Newark Nottinghamshire NG24 1TW
Confirmation statement made on 9 March 2024 with no updates
Appointment of Dr George Darkwa Oduro as a director on 10 April 2024
Termination of appointment of George Darkwa Oduro as a director on 9 April 2024
Confirmation statement made on 9 March 2023 with updates
Confirmation statement made on 9 March 2022 with no updates
Previous accounting period extended from 31 December 2021 to 31 March 2022
Second filing for the notification of Dr George Darkwa Oduro as a person with significant control
Confirmation statement made on 9 March 2021 with no updates
Confirmation statement made on 9 March 2020 with no updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 9 March 2019 with updates
First Gazette notice for compulsory strike-off
Confirmation statement made on 9 March 2018 with no updates
Confirmation statement made on 9 March 2017 with updates
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