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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-24 (in 7mo)

Last made up 2025-12-10

Watchouts

None on the register

Cash

£442K

+13.6% highest in 4 filed years

Net assets

-£319K

-34.9% lowest in 4 filed years

Employees

Average over period

Profit before tax

-£83K

+29.7% vs 2023

Accounts

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

Metric Trend 2019-12-312020-12-312023-12-312024-12-31
Turnover £102,898£35,897£68,868£43,323
Operating profit £3,998-£119,393-£119,489-£85,543
Profit before tax £3,998-£119,393-£117,324-£82,530
Net profit -£117,235-£82,530
Cash £217,602£168,526£388,659£441,517
Total assets less current liabilities £186,717£67,324
Net assets £186,717£67,204-£236,401-£318,931
Equity £186,717£67,204-£236,401-£318,931
Average employees 00
Wages
Directors' remuneration

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

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 Trend 2019-12-312020-12-312023-12-312024-12-31
Operating margin 3.9%-173.5%-197.5%
Net margin -170.2%-190.5%
Return on capital employed 2.1%-177.3%
Current ratio 0.63x0.59x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. MDDUS EDUCATION LIMITED 1997-03-20 → present
  2. MEDICAL DEFENCE LIMITED 1990-01-10 → 1997-03-20
  3. PACKTIME LIMITED 1989-10-18 → 1990-01-10

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements are prepared on a going concern basis as the directors consider that the company will continue in operation for the foreseeable future. In arriving at this conclusion directors have given due consideration to the net liabilities position of the company. Strong cash reserves mean that the company will continue to be able to pay its liabilities as they fall due. Parent company support is also available as required and they have confirmed they will not recall the debt.”

Significant events

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

People

3 active · 9 resigned

Name Role Appointed Born Nationality
HISLOP, Bryan Andrew Secretary 2018-10-01
KENNY, Christopher Charles Director 2018-01-01 Feb 1963 British,Irish
PARKER, James Robert Director 2019-11-25 Oct 1967 British
Show 9 resigned officers
Name Role Appointed Resigned
DICKSON, Gordon Charles Alexander, Professor Secretary 2004-07-05 2015-01-04
KENNY, Christopher Charles Secretary 2015-01-05 2018-10-01
SIMPSON, Ian Grahame Secretary 2004-07-04
BEATTIE, Alistair Duncan, Dr Director 2003-10-18 2012-09-21
EDMOND, Peter Director 2002-10-18
GARNER, John Angus Mcvicar, Dr Director 2012-09-21 2017-09-08
MCPHAIL, Margaret Anne Director 2017-09-08 2018-01-01
SLEVIN, Colin James Director 2018-01-01 2020-06-30
SWEENEY, Brendan, Dr Director 2012-09-21 2018-09-07

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
The Medical And Dental Defence Union Of Scotland Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 137 total filings

Date Type Category Description
2025-12-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-23 AA accounts Accounts with accounts type full
2024-12-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-24 AA accounts Accounts with accounts type full
2023-12-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-29 AA accounts Accounts with accounts type full
2022-12-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-11-14 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-07-15 AA accounts Accounts with accounts type full
2022-04-21 AAMD accounts Accounts amended with accounts type small
2021-12-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-01 AD01 address Change registered office address company with date old address new address PDF
2021-07-05 AA accounts Accounts with accounts type total exemption full PDF
2020-12-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-07-03 AA accounts Accounts with accounts type small
2020-07-01 TM01 officers Termination director company with name termination date PDF
2019-12-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-12-03 AP01 officers Appoint person director company with name date PDF
2019-06-12 AA accounts Accounts with accounts type small
2018-12-11 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page