LIDCO GROUP LIMITED

UNIT D4 TOTTENHAM COMMERCIAL PARK, LEESIDE ROAD, LONDON, N17 0QJ

Company Number: 02659005
Incorporation date: 31-Oct-1991
Status: Active
Entity type: Private Limited Company

SIC codes:
26600 Manufacture of irradiation, electromedical and electrotherapeutic equipment

SUMMARY

This company is 32.5 years old and is currently active. It is controlled by Masimo Lhc Limited. The company has positive equity (net assets) of GBP 5.6 million which has decreased from the previous year's figure of GBP 6.5 million. The latest reported revenue figure is GBP 7.5 million which is similar to the previous year's figure of GBP 7.3 million. The company has 3 active officers (directors or partners) who are or were officers of 6 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax
31-Jan-2020	GBP	7,547,000		1,000	13,000	185,000
31-Jan-2019	GBP	7,324,000	-2,138,000	1,000		196,000
31-Jan-2018	GBP	8,267,000	-2,221,000			125,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Premium Reserve	Net Assets
31-Jan-2020	GBP	1,360,000	5,074,000	2,786,000	1,221,000	30,342,000	5,601,000
31-Jan-2019	GBP	1,717,000	5,713,000	2,211,000	1,221,000	30,342,000	6,534,000
31-Jan-2018	GBP	3,227,000	7,954,000	2,484,000	1,221,000	30,342,000	8,332,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	CORPORATION SERVICE COMPANY (UK) LIMITED	06 Feb 2023	16 Apr 2024			337 - 156
Resigned	Timothy Richard HALL	11 Mar 2019	20 Apr 2021			0 - 1
Resigned	Kerin WILLIAMS	16 Dec 2016	10 Jan 2018			0 - 1
Resigned	Douglas William ARMOUR	31 Mar 2013	16 Dec 2016			0 - 1
Resigned	John Percival ROWLAND	25 Oct 2007	31 Mar 2013	Chartered Secretary	British	1 - 25
Resigned	Edric LEE	01 Jun 2007	25 Oct 2007			0 - 3
Resigned	Robin Graham Belhaven LAMB	15 Jun 2006	01 Jun 2007			0 - 26
Resigned	Denise JOHNSON	19 Sep 2005	15 Jun 2006			0 - 3
Resigned	Lucy Magdalen OBRIEN	26 Jan 2005	19 Sep 2005			0 - 3
Resigned	Roger Nicholas BIRD	15 Dec 2002	26 Jan 2005			0 - 3
Resigned	Richard John MILLS	05 Jul 2001	15 Dec 2002			0 - 7
Resigned	Lucy Magdalen O'BRIEN	16 Jun 1997	05 Jul 2001			0 - 4
Resigned	Penelope Anne MCMAHON	01 Oct 1992	16 Jun 1997		British	2 - 5
Resigned	Terence Kevin, Dr O'BRIEN	31 Oct 1991	31 Oct 1992			0 - 7

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Micah Wesley YOUNG	12 Jan 2021		Chief Financial Officer	American	4 - 2	0 (0.0%)
Active	Bilal MUHSIN	12 Jan 2021		Chief Operating Officer	American	2 - 0	0 (0.0%)
Resigned	Timothy Richard HALL	11 Mar 2019	12 Jan 2021	Chief Financial Officer	British	0 - 15	1 (6.7%)
Resigned	Jill Amanda MCGREGOR	03 Jul 2017	22 Mar 2019	Chief Financial Officer	British	0 - 5	1 (20.0%)
Resigned	Peter William, Mr. GRANT	06 Mar 2017	11 Jan 2021	Company Director	British	0 - 20	3 (15.0%)
Resigned	Philip Michael COOPER	11 Aug 2016	11 Jan 2021	Business Advisor	British	6 - 3	0 (0.0%)
Active	Matthew Giovanni SASSONE	15 Jun 2015		Medical Devices	British	3 - 1	1 (25.0%)
Resigned	Paul Leighton CLIFFORD	23 Apr 2008	31 Mar 2017	Chartered Accountant	British	0 - 45	33 (73.3%)
Resigned	Ian Graham BROWN	12 Oct 2005	10 May 2017	Director	British	1 - 4	2 (40.0%)
Resigned	Hugh Macmillan Jullian MCGAREL-GROVES	10 May 2005	22 Jan 2007	Accountant	British	0 - 7	3 (42.9%)
Resigned	Theresa Anne WALLIS	20 Dec 2002	10 May 2017	Consultant	British	2 - 9	4 (36.4%)
Resigned	Albert Edward Bernard WIEGMAN	05 Jul 2001	16 Dec 2005	Company Director	British	0 - 19	10 (52.6%)
Resigned	Theodore William ALEXANDER	05 Jul 2001	19 Dec 2002	Company Director	Usa	0 - 2	0 (0.0%)
Resigned	John BARRY	05 Jul 2001	24 Aug 2012	Company Director	British	0 - 2	0 (0.0%)
Resigned	Richard John MILLS	05 Jul 2001	19 Jan 2005	Financial Director	British	0 - 7	2 (28.6%)
Resigned	Pascal Norman LEVENSOHN	05 Jul 2001	27 Nov 2002	Company Director	American	0 - 2	0 (0.0%)
Resigned	Lucy Magdalen O'BRIEN	29 Nov 2000	06 Jun 2001	Accountant	British	0 - 4	0 (0.0%)
Resigned	Terence Kevin, Dr O'BRIEN	01 Oct 1992	14 Aug 2015	Medical Industry Executive	British	0 - 7	3 (42.9%)
Resigned	David MORTON	01 Oct 1992	11 Jul 1995	Accountant	British	0 - 3	0 (0.0%)
Resigned	Robert, Dr LINTON	31 Oct 1991	10 Jan 2001	Consultant Anaesthetist	British	0 - 5	1 (20.0%)
Resigned	David Marston BAND	31 Oct 1991	15 Apr 2011	Physiologist	British	0 - 3	1 (33.3%)

Number of active directors: 3
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: 7.0 years
Average active director Dissolution Rate: 8.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Micah Wesley YOUNG	Bilal MUHSIN	Matthew Giovanni SASSONE
D&M AUDIOVISUAL LTD (00801901) - Active	✔
LIDCO GROUP LIMITED (02659005) - Active	✔	✔	✔
LIDCO LIMITED (02736561) - Active			✔
CASSETTE ANALYTICAL SYSTEMS LIMITED (03042911) - Active - Proposal to Strike off			✔
MASIMO EUROPE LIMITED (05211852) - Active	✔
NURA INTERNATIONAL LIMITED (11865887) - Active	✔
MASIMO LHC LIMITED (12941519) - Active	✔	✔	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:Masimo International Sarl (Che114571640 - Switzerland) active
  >75%:Masimo Europe Limited (05211852 - United Kingdom) active
>75%:Masimo Lhc Limited (12941519 - United Kingdom) active

Controlling entities above

LIDCO GROUP LIMITED

Controlled companies below

>75%:LIDCO LIMITED (02736561 - UK) active
>75%:CASSETTE ANALYTICAL SYSTEMS LIMITED (03042911 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Device for simultaneously displaying and monitoring hemodynamic parameters and level of consciousness	2010-04-30	Ceased	GB2480996
Hemodynamic monitor determining cardiac stroke volume	2010-02-11	Terminated	GB2477761

COMPETITORS

(Based on Sic code: 26600 Manufacture of irradiation, electromedical and electrotherapeutic equipment)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
LIVANOVA PLC	20 EASTBOURNE TERRACE, LONDON, W2 6LG	09451374	2017-12-31	778,674,615	56,973,846	32500-Manufacture of medical and dental instruments and supplies
VARIAN MEDICAL SYSTEMS UK LIMITED	ONCOLOGY HOUSE, GATWICK ROAD, CRAWLEY, WEST SUSSEX, RH10 9RG	00558526	2017-09-29	143,565,024	22,206,633
CANON MEDICAL SYSTEMS LIMITED	BOUNDARY COURT, GATWICK ROAD, CRAWLEY, WEST SUSSEX, RH10 9AX	00983579	2018-03-31	65,799,000	641,000
IVOR SHAW LIMITED	CITY GATE, LONDON ROAD, DERBY, DERBYSHIRE, DE24 8WY	00755641	2018-03-31	22,505,569	0	46460-Wholesale of pharmaceutical goods
SP 225 LIMITED	CITY GATE, CITY GATE BUSINESS PARK, CITY GATE, DERBY, DERBYSHIRE, UNITED KINGDOM, DE24 8WY	10362760	0000-00-00	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
LIDCO GROUP LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium