# MEDICAL SYSTEMS LTD (12855993)

> MEDICAL SYSTEMS LTD is an active private limited company (company number 12855993) incorporated on 3 September 2020, registered in Cardiff. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £28k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 53% on the prior period (£18k).

- Status: Active
- Incorporated: 2020-09-03
- Registered office: Cardiff, CF14 3JP
- SIC 62012: Business and domestic software development
- SIC 86220: Specialists medical practice activities
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-09-17
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 651 comparable companies in Cardiff (median £200, upper quartile £20k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £28k | — | — | £3,015 | — | — | 1 |
| 2024-02-29 | £18k | — | — | £5,975 | — | — | 0 |

current ratio 9.94; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £27,655 at 28 February 2025
- Net assets up 10% or more on the prior period: +52.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 9.94
- Incorporated five or more years ago: Incorporated 3 September 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Dr John Paul Wells — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2020-09-03
- Mrs Frances Wells — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2024-02-28

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12855993
HTML: https://firmoscan.com/company/12855993-medical-systems-ltd