MEDICOM HEALTHCARE LIMITED

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-13 (in 5mo)

Last made up 2025-09-29

Watchouts

None on the register

Cash

£21K

-88.2% vs 2023

Net assets

£1M

-9.5% lowest in 6 filed years

Employees

+11.8% vs 2023

Profit before tax

£439K

-28.5% first positive since 2022

Net assets

9-year trend · vs Consumer Discretionary median

MEDICOM HEALTHCARE LIMITED·Consumer Discretionary median · n=21268

Accounts

9-year trend · latest reflected 2024-12-31

Metric	2019-12-31	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-12-31	2024-12-31
Turnover	—	—	£12,084,628	—	£11,509,595	—	£13,537,587	£10,746,176	£15,584,929
Operating profit	—	—	£74,150	—	£633,442	—	-£51,054	£691,442	£633,310
Profit before tax	—	—	£46,732	—	£609,960	—	-£92,585	£614,479	£439,459
Net profit	—	—	£281,606	—	£470,277	—	£18,941	£596,019	£325,531
Cash	£149,713	£149,710	£334,140	£334,140	£31,209	£31,209	£14,097	£176,596	£20,913
Total assets less current liabilities	£1,756,517	—	£1,682,619	—	£1,797,643	—	£1,497,756	£1,628,068	£1,705,328
Net assets	£1,639,548	—	£1,397,154	—	£1,387,431	—	£1,172,772	£1,218,990	£1,103,721
Equity	£1,639,548	—	£1,397,154	—	£1,387,431	—	£1,172,772	£1,218,990	£1,103,721
Average employees	32	—	44	—	37	—	38	34	38
Wages	—	—	£2,555,076	—	£2,304,824	—	£2,662,018	£2,476,800	£3,211,704
Directors' remuneration	—	—	£27,000	—	£32,500	—	£45,405	£46,343	£48,794

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+45%

£10,746,176 £15,584,929

highest in 5 filed years
Cash

-88.2%

£176,596 £20,913
Net assets

-9.5%

£1,218,990 £1,103,721

lowest in 6 filed years
Employees

+11.8%

34 38
Operating profit

-8.4%

£691,442 £633,310

first positive since 2022
Profit before tax

-28.5%

£614,479 £439,459

first positive since 2022
Wages

+29.7%

£2,476,800 £3,211,704

highest in 5 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2019-12-31	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-12-31	2024-12-31
Operating margin	—	—	0.6%	—	5.5%	—	-0.4%	6.4%	4.1%
Net margin	—	—	2.3%	—	4.1%	—	0.1%	5.5%	2.1%
Return on capital employed	—	—	4.4%	—	35.2%	—	-3.4%	42.5%	37.1%
Gearing (liabilities / total assets)	—	—	—	—	—	—	—	79.2%	84.4%
Current ratio	—	—	—	—	—	—	—	1.21x	1.22x
Interest cover	—	—	2.70x	—	24.98x	—	-1.23x	8.98x	3.27x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

MEDICOM HEALTHCARE LIMITED 2007-06-28 → present
MEDICOM CONSULTANCY LIMITED 2000-03-16 → 2007-06-28

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: Menzies LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

MEDICOM HEALTHCARE LIMITED · parent
1. Medicom International Eyetech Private Ltd 100% · India
2. Medicom Healthcare Ireland Ltd 100% · Ireland · dormant company

Significant events

“In April 2025 the company completed a commercial agreement with an external party in relation to the licences in relation to certain products sold by Medicom Healthcare Limited. The consideration of this transaction was £200,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 5 resigned

Name	Role	Appointed	Born	Nationality
WOOD, Gregory Keith	Secretary	2020-08-21	—	—
AJGAONKAR, Atul Vijay	Director	2007-02-01	Sep 1965	British
MARTIN, Simon Jonathan	Director	2007-08-15	Jul 1960	British

Show 5 resigned officers

Name	Role	Appointed	Resigned
AJGAONKAR, Atul Vijay	Secretary	2000-03-16	2020-08-21
FORBES SECRETARIES LIMITED	Corporate Secretary	2000-03-13	2000-03-16
AJGAONKAR, Madhurika Atul	Director	2000-03-16	2013-06-20
SUNDERRAJ, Palaniswamy, Dr	Director	2005-08-10	2006-02-22
FORBES NOMINEES LIMITED	Corporate Director	2000-03-13	2000-03-16

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr Atul Vijay Ajgaonkar	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2016-04-06
Mrs Madhurika Atul Ajgaonkar	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2016-04-06
Mr Simon Jonathan Martin	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Active
Mr Atul Vijay Ajgaonkar	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Active
Madhurika Atul Ajgaonkar	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Active

Filing timeline

Last 20 of 102 total filings

Date	Type	Category	Description
2025-10-04	AA	accounts	Accounts with accounts type full
2025-09-29	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-03-07	AD01	address	Change registered office address company with date old address new address	PDF
2025-03-06	AD01	address	Change registered office address company with date old address new address	PDF
2024-12-24	AA	accounts	Accounts with accounts type full	PDF
2024-09-30	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-08-20	MR04	mortgage	Mortgage satisfy charge full	PDF
2024-06-28	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-10-02	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-09-28	AA	accounts	Accounts with accounts type full	PDF
2022-09-29	AA	accounts	Accounts with accounts type full	PDF
2022-09-29	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-09-29	PSC04	persons-with-significant-control	Change to a person with significant control	PDF
2021-09-29	PSC04	persons-with-significant-control	Change to a person with significant control	PDF
2021-09-29	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-09-28	CH01	officers	Change person director company with change date	PDF
2021-09-28	PSC04	persons-with-significant-control	Change to a person with significant control	PDF
2021-09-28	CH01	officers	Change person director company with change date	PDF
2021-09-28	AA	accounts	Accounts with accounts type total exemption full	PDF
2020-10-08	PSC01	persons-with-significant-control	Notification of a person with significant control	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 2
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page