Medica IT Services Limited
Private Limited Company · Hastings
ActiveUnited KingdomIncorporated 2020Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
−£5,377,800
Cash
£40,105
Turnover
—
Profit / loss
−£909,203
Current assets
£1,350,431
Creditors < 1 year
£8,136,958
Equity
−£5,377,800
Average employees
3
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£5,377,800 | −£4,468,597 |
| Equity | −£5,377,800 | −£4,468,597 |
| Share capital | £1 | £1 |
| Retained earnings | −£5,377,801 | −£4,468,598 |
| Assets | ||
| Fixed assets | £1,691,314 | £2,560,021 |
| Intangible assets | £276,461 | £504,650 |
| Property, plant & equipment | £1,414,853 | £2,055,371 |
| Current assets | £1,350,431 | £209,503 |
| Cash at bank | £40,105 | £129,022 |
| Debtors | £1,310,326 | £80,481 |
| Liabilities | ||
| Creditors within one year | £8,136,958 | £6,849,825 |
| Creditors after one year | £282,587 | £388,296 |
| Net current assets | −£6,786,527 | −£6,640,322 |
| Profit & loss | ||
| Administrative expenses | £1,453,005 | £970,812 |
| Other operating income | £952,376 | — |
| Operating profit | −£500,629 | −£970,812 |
| Interest payable | £578,571 | £537,456 |
| Profit before tax | −£1,079,200 | −£1,508,268 |
| Tax | −£169,997 | −£59,446 |
| Profit / loss | −£909,203 | −£1,448,822 |
| Operating costs | ||
| Amortisation | £228,189 | £228,188 |
| People & pay | ||
| Average employees | 3 | 3 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- Medica Group Limited
- Ultimate parent
- IK IX Master Luxco S.à.r.l
- Accounts
- FRS 101
- Approved
- 2026-09-09
Borrowings (4)
- Unitranche facility · £84.3m · secured on The Company has granted security in relation to a Unitranche facility.
- Acquisition Capex Facility (ACF) · up to £25m · secured on The Company has granted security in relation to a Unitranche facility.
- Revolving Credit Facility (RCF) · up to £15m; £4m drawn by a separate group entity as at 31 December 2025 · secured on The Company has granted security in relation to a Unitranche facility.
- Amounts owed to group companies · 7,139,434 · 8.2% (2024: 9.1%) · repayable on demand · secured on unsecured
Share classes (2)
- 1 Ordinary of £1
- 1 Ordinary of £1
Events after the year end (2)
- In January 2026, after the reporting date, the Company entered into a sale and leaseback of IT equipment for cash consideration of £146k; the assets had a net book value of £89k at 31 December 2025, and the Company retains their use for 60 months.
- In September 2026, the Company entered into a sales agreement with Medica Reporting Limited, a related group undertaking, for the historic transfer of losses surrendered via Group Relief for consideration of £1,191k.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 1 satisfied / released
All Assets · created 2021-05-06 · satisfied 2023-09-27
—
Satisfied