Company Overview
Rua Medical Devices Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 20 April 2011, so this is a well established company. Rua Medical Devices Limited has been in business for 14 years and 11 months. The accounts status is small and the accounts are next due on Tuesday 30 June 2026.
Registered Address

C/O Davidson Chalmers Stewart Llp, 163 Bath Street, Glasgow, G2 4SQ
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Companies House Data
Company NameRUA MEDICAL DEVICES LIMITED
Company NumberSC398109
Registered Office AddressC/O Davidson Chalmers Stewart Llp
 163 Bath Street
 G2 4SQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/04/2011
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date31/03/2024
Accounts Account CategorySMALL
Returns Next Due Date18/05/2017
Returns Last Made Up Date20/04/2016
Previous Company NameChanged Date
CULZEAN MEDICAL DEVICES LIMITED23 Apr 2019
EXCHANGELAW (482) LIMITED27 May 2011
Directors & Members
Show Resigned
William Brown - Director
(British, 63 years old, born March 1963)
Appointed 01 April 2020
Active
Lachlan Smith - Director
(Scottish, 46 years old, born December 1980)
Appointed 31 March 2022
Active
Secretaries
Show Resigned
Lachlan Smith - Secretary
Appointed 01 November 2023
Active
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Balance Sheet
Fixed Assets 1,181,067 1,181,067 1,081,755
Current Assets 386,014 386,014 936,564
Creditors Due Within One Year 148,197 148,197 717,021
Working Cap 237,817 237,817 219,543
Total Assets Less Current Liabilities 1,418,884 1,418,884 1,301,298
Long-term Liabilities 199,695 199,695 126,489
Net Assets 1,219,189 1,219,189 1,174,809
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,219,189 1,219,189 1,174,809
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Tangible Fixed Assets - - -
Fixed Assets 75.4% 75.4% 53.6%
Stocks Inventory - - -
Debtors 7.0% 7.0% 5.9%
Cash Bank In Hand 11.7% 11.7% 37.6%
Current Assets 24.6% 24.6% 46.4%
Creditors Due Within One Year 9.5% 9.5% 35.5%
Net Current Assets Liabilities 15.2% 15.2% 10.9%
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 77.8% 77.8% 58.2%
Capital Employed - - -
Total Assets Less Current Liabilities 90.5% 90.5% 64.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Liquidity Ratio 2.6 2.6 1.3
Solvency Ratio 4.5 4.5 2.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2020 31-Mar-2019
Assets 1,567,081 1,567,081 2,018,319
Debt 347,892 347,892 843,510
Net Assets/Debt 1,219,189 1,219,189 1,174,809

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. 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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. 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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. 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
Satisfaction of charge SC3981090004 in full
Satisfaction of charge SC3981090003 in full
Change of details for Rua Life Sciences Plc as a person with significant control on 30 April 2025
Registered office address changed from C/O Davidson Chalmers Stewart Llp 163 Bath Street Glasgow G2 4SQ Scotland to 2 Drummond Crescent Riverside Business Park Irvine Ayrshire KA11 5AN on 30 April 2025
Confirmation statement made on 20 April 2025 with no updates
Current accounting period extended from 31 March 2025 to 30 September 2025
Termination of appointment of John Mckenna as a director on 4 October 2024
Termination of appointment of Sarah Lindsay Grant as a director on 24 April 2024
Confirmation statement made on 20 April 2024 with no updates
Termination of appointment of Caroline Stretton as a director on 26 January 2024
Appointment of Mr Lachlan Arthur Smith as a secretary on 1 November 2023
Termination of appointment of Kathryn Mary Full as a secretary on 1 November 2023
Termination of appointment of Iain Crawford Anthony as a director on 30 August 2023
Confirmation statement made on 20 April 2023 with no updates
Director's details changed for Mr John Mckenna on 5 April 2023
Termination of appointment of Eilidh Christina Callan as a director on 7 July 2022
Termination of appointment of Matthew George Litton as a director on 29 April 2022
Confirmation statement made on 20 April 2022 with no updates
Appointment of Iain Crawford Anthony as a director on 31 March 2022
Appointment of Mr Lachlan Arthur Smith as a director on 31 March 2022
Appointment of Dr Sarah Lindsay Grant as a director on 31 August 2021
Appointment of Mrs Eilidh Christina Callan as a director on 31 August 2021

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