CREO MEDICAL GROUP PLC

CREO HOUSE UNIT 2, BEAUFORT PARK, BEAUFORT PARK WAY, CHEPSTOW, WALES, NP16 5UH

Company Number: 10371794
Incorporation date: 12-Sep-2016
Status: Active
Entity type: Public Limited Company

SIC codes:
32500 Manufacture of medical and dental instruments and supplies
70100 Activities of head offices
72190 Other research and experimental development on natural sciences and engineering
86900 Other human health activities

SUMMARY

This company is 7.6 years old and is currently active. The company has positive equity (net assets) of GBP 82.7 million which has increased from GBP 14.7 million in the previous year. The latest reported revenue figure is GBP 13.5 thousand which is down -100% on the previous year. Retained earnings is negative (GBP -50.8 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 7 active officers (directors or partners) who are or were officers of 77 other companies, 28 (36.4%) of which have since been dissolved or are proposed for strike off. 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-Jun-2024
Accounts Filed: GROUP (31-Dec-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
01-Oct-2019	GBP	13,473	-18,875,378	311,288	51,291	2,704,231	-15,911,150
30-Jun-2017	GBP	277,687	-8,903,066	337	10,721	1,142,933	7,765,517
01-Jun-2016	GBP	279,959	-17,663,786	104,343	16,744	2,767,579	14,808,608

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Premium Reserve	Retained Earnings	Net Assets
01-Oct-2019	GBP	81,048,448	86,094,123	5,056,346	150,378	115,111,506	-50,849,190	82,663,344
30-Jun-2017	GBP	13,688,762	15,772,985	1,448	80,712	19,810,393		14,652,658
01-Jun-2016	GBP	44,588,722	48,513,591	1,640,211	120,495	65,835,555	34,938,040	47,713,815

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
01-Oct-2019	GBP	46.33%	95,370,779	110,492,440	205,863,219	110,809,224
30-Jun-2017	GBP	-49.29%	-46,064,945	139,521,794	93,456,849	87,350,580

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Richard REES	12 Sep 2016	18 Apr 2024			1 - 0

DIRECTORS

Status	Name	Appointed on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Ivonne CANTU	01 Feb 2020	Business Executive	Mexican	2 - 1	0 (0.0%)
Active	John BRADSHAW	08 Dec 2016	Company Director	British	4 - 64	42 (61.8%)
Active	Charles Alexander Evan SPICER	05 Dec 2016	Company Director	British	3 - 15	6 (33.3%)
Active	David Gerard WOODS	30 Nov 2016	Chief Commercial Officer	American	1 - 1	0 (0.0%)
Active	Richard John REES	12 Sep 2016	Cfo	British	8 - 12	1 (5.0%)
Active	Craig Jonathan GULLIFORD	12 Sep 2016	Ceo	British	8 - 5	3 (23.1%)
Active	Christopher Paul HANCOCK	12 Sep 2016	Cto	British	1 - 1	1 (50.0%)

Number of active directors: 7
Average tenure of active directors: 7.0 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 24.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Ivonne CANTU	John BRADSHAW	Charles Alexander Evan SPICER	David Gerard WOODS	Richard John REES	Craig Jonathan GULLIFORD	Christopher Paul HANCOCK
HEG (NUMBER 8) LIMITED (00522970) - Dissolved		✔
HEG (NUMBER 5) LIMITED (00728280) - Dissolved		✔
HEG (NUMBER 3) LIMITED (00894639) - Dissolved		✔
SPTS TECHNOLOGIES OVERSEAS HOLDINGS LIMITED (01786418) - Active					✔
ANALYSYS LIMITED (01819989) - Active		✔
HEG (NUMBER 1) LIMITED (01984677) - Dissolved		✔
NUMIS SECURITIES LIMITED (02285918) - Active			✔
GYRUS MEDICAL LIMITED (02349996) - Active		✔
HEG (NUMBER 7) LIMITED (02413426) - Dissolved		✔
IXITECH LIMITED (02466556) - Active			✔
PHYTODEVELOPMENTS LIMITED (02796377) - Dissolved			✔
HEG (NUMBER 9) LIMITED (02895013) - Dissolved		✔
CROSS INFECTION CONTROL SYSTEMS (CICS) LIMITED (02935367) - Dissolved		✔
PRIMARY HEALTH PROPERTIES PLC (03033634) - Active	✔
VIX TECHNOLOGY UK LIMITED (03039051) - Active						✔
IXICO PLC (03131723) - Active		✔	✔
GYRUS INTERNATIONAL LIMITED (03162841) - Liquidation		✔
VIVARO HEALTH LIMITED (03215955) - Dissolved		✔
GYRUS GROUP LIMITED (03234242) - Active		✔
EBIOX LIMITED (03527034) - Voluntary Arrangement		✔
BILLINGSGATE SEAFOOD TRAINING SCHOOL (03567811) - Liquidation			✔
IMPROVE INTERNATIONAL LTD. (03568194) - Active	✔
HEALTHCARE ENTERPRISE GROUP PLC (03627383) - Liquidation		✔
CREST MEDICAL LIMITED (03876927) - Active		✔
ESTNET LTD (04016265) - Active					✔
TERAVIEW LIMITED (04126946) - Active		✔
PREMIER ENDOSCOPY LTD (04150080) - Active					✔	✔
C.I.C.S. HOLDINGS LIMITED (04208284) - Dissolved		✔
PREMIER VETERINARY GROUP PLC (04313987) - Active			✔
CREO MEDICAL LIMITED (04658880) - Active			✔	✔	✔	✔
SAFATEC (UK) LIMITED (04720062) - Dissolved		✔
HEG (NUMBER 2) LIMITED (05103736) - Dissolved		✔
HEG (NUMBER 6) LIMITED (05173653) - Dissolved		✔
HEG (NUMBER 4) LIMITED (05173864) - Dissolved		✔
GRESHAM'S SCHOOL (05196298) - Active			✔
IXICO TECHNOLOGIES LIMITED (05313505) - Active			✔
ACIS HOLDINGS LIMITED (05414060) - Dissolved						✔
I 2 P LIMITED (05496948) - Dissolved						✔
REPRODUCTIVE SCIENCES LIMITED (05604676) - Liquidation		✔
BURROWMOOR CONSULTING LIMITED (05711642) - Active		✔
WIEST UROPOWER LIMITED (05781601) - Active					✔	✔
REALM THERAPEUTICS PLC (05789798) - Active			✔
ELECTROCLEAN TECHNOLOGY LIMITED (06056448) - Liquidation		✔
LABSERVICE LIMITED (06266743) - Active		✔
TRUST WILLIAM LIMITED (06271285) - Dissolved			✔
CRESCENDO BIOLOGICS LIMITED (06425006) - Active		✔
AIMIM LIMITED (06435503) - Liquidation			✔
PNEUMACARE LIMITED (06515570) - Active		✔
KORN WALL LIMITED (06812775) - Active			✔
SPTS TECHNOLOGIES ET LIMITED (07000106) - Active					✔
SPTS TECHNOLOGIES UK LIMITED (07037812) - Active					✔
SPTS TECHNOLOGIES LIMITED (07037852) - Active					✔
EIGHT19 LIMITED (07322950) - Active		✔
ABER ELECTRONICS LIMITED (07400511) - Active					✔	✔
SPTS TECHNOLOGIES SAPPHIRE LIMITED (07411841) - Active					✔
SPTS TECHNOLOGIES INVESTMENTS LIMITED (07635236) - Active					✔
SPTS TECHNOLOGIES GROUP LIMITED (07635249) - Active					✔
SPTS TECHNOLOGIES HOLDINGS LIMITED (07636450) - Active					✔
WOMEN OB LIMITED (07936395) - Dissolved		✔
VARI-FORCE LIMITED (07937271) - Dissolved		✔
BRADSHAW DANIEL LIMITED (07943191) - Active		✔
NETSCIENTIFIC PLC (08026888) - Active			✔
11 HEALTH & TECHNOLOGIES LIMITED (08497675) - Liquidation			✔
SYNCONA DISCOVERY LIMITED (08767670) - Active		✔
HUMANKIND VENTURES LTD (09082827) - Active						✔
SPTS TECHNOLOGIES UK LIMITED (09098431) - Active					✔
AUTOLUS LIMITED (09115837) - Active		✔
I.Q. ENDOSCOPES LTD (09462661) - Active						✔
CREO MEDICAL GROUP PLC (10371794) - Active	✔	✔	✔	✔	✔	✔	✔
BATH1987 LIMITED (10455527) - Active - Proposal to Strike off					✔	✔	✔
SYNCONA INVESTMENT MANAGEMENT LIMITED (10497864) - Active		✔
SYNCONA IP HOLDCO LIMITED (10497873) - Active		✔
RESOLUTION THERAPEUTICS LIMITED (11112568) - Active		✔
CREO MEDICAL INNOVATIONS LIMITED (11196260) - Active					✔	✔
BRADSHAW DANIEL PROPERTIES LIMITED (12798263) - Active		✔
MDY HEALTHCARE LIMITED (SC088634) - Liquidation			✔
CREO MEDICAL UK LIMITED (SC128038) - Active					✔	✔
AIRCRAFT MEDICAL LTD. (SC220767) - Active			✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2017-02-06
CREO MEDICAL GROUP PLC	ORDINARY	94,175 64.7%
CREO MEDICAL GROUP PLC	PREFERRED ORDINARY SHARES	51,393 35.3%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

no controlling companies

CREO MEDICAL GROUP PLC

Controlled companies below

>75%:CREO MEDICAL LIMITED (04658880 - UK) active
- >75%:CREO MEDICAL INNOVATIONS LIMITED (11196260 - UK) active
- >75%:ABER ELECTRONICS LIMITED (07400511 - UK) active
>75%:PREMIER ENDOSCOPY LTD (04150080 - UK) active
>75%:WIEST UROPOWER LIMITED (05781601 - UK) active
>75%:CREO MEDICAL UK LIMITED (SC128038 - 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

No Patents found

COMPETITORS

(Based on Sic code: 32500 Manufacture of medical and dental instruments and supplies)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
JOHNSON & JOHNSON MEDICAL LIMITED	BAIRD HOUSE, 4, LOWER GILMORE BANK, EDINBURGH, SCOTLAND, EH3 9QP	SC132162	2017-12-31	581,851,000	16,600,000
ELEKTA LIMITED	LINAC HOUSE, FLEMING WAY, CRAWLEY, WEST SUSSEX, RH10 9RR	03244454	2018-04-30	471,232,000	28,014,000
MEDTRONIC LIMITED	BUILDING 9 CROXLEY PARK, HATTERS LANE, WATFORD, HERTFORDSHIRE, ENGLAND, WD18 8WW	01070807	2017-04-28	460,844,000	-25,726,000	86900-Other human health activities
SIEMENS HEALTHCARE LIMITED	PARK VIEW, WATCHMOOR PARK, CAMBERLEY, SURREY, UNITED KINGDOM, GU15 3YL	09567186	2018-09-30	444,930,000	24,382,000
BECTON, DICKINSON U.K. LIMITED	1030 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE, ENGLAND, RG41 5TS	00852702	2017-09-30	300,494,000	8,700,000
CAREFUSION U.K. 306 LIMITED	1030 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE, ENGLAND, RG41 5TS	05475372	2018-06-30	223,479,955	37,368,135
COOPERVISION MANUFACTURING LIMITED	DELTA PARK, CONCORDE WAY, SEGENSWORTH NORTH, FAREHAM, HAMPSHIRE, PO15 5RL	02737396	2017-10-31	187,856,000	12,954,000	46900-Non-specialised wholesale trade
INTERSURGICAL LIMITED	CRANE HOUSE, MOLLY MILLARS LANE, WOKINGHAM,BERKSHIRE, RG41 2RZ	01488409	2017-12-31	184,840,294	18,146,297
CONVATEC LIMITED	GDC FIRST AVENUE, DEESIDE INDUSTRIAL PARK, DEESIDE, FLINTSHIRE, CH5 2NU	01309639	2017-12-31	167,139,000	41,127,000
CORIN ORTHOPAEDICS HOLDINGS LIMITED	THE CORINIUM CENTRE, LOVE LANE INDUSTRIAL ESTATE, CIRENCESTER, GLOUCESTERSHIRE, GL7 1YJ	08138559	2017-12-31	105,729,000	4,554,000
SIEMENS HEALTHCARE DIAGNOSTICS MANUFACTURING LTD	PARK VIEW, WATCHMOOR PARK, CAMBERLEY, SURREY, UNITED KINGDOM, GU15 3YL	01915763	2018-09-30	87,817,000	4,687,000
OWEN MUMFORD LIMITED	OWEN MUMFORD LIMITED, BROOK HILL, WOODSTOCK, OXFORDSHIRE, OX20 1TU	01257871	2017-09-30	87,611,181	71,870,415
ABBOTT DIABETES CARE LIMITED	WINDRUSH PARK, RANGE ROAD, WITNEY, OXON, OX29 0YL	02548046	2017-12-31	72,785,000	-54,025,000
BBGR LIMITED	NARROW QUAY HOUSE, NARROW QUAY, BRISTOL, ENGLAND, BS1 4QA	03986153	2017-12-31	71,970,000	2,092,000
BECTON DICKINSON INFUSION THERAPY UK	1030 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE, ENGLAND, RG41 5TS	00536128	2017-09-30	69,344,000	10,846,000
VASCUTEK LIMITED	NEWMAINS AVENUE, INCHINNAN, RENFREWSHIRE, PA4 9RR	SC079773	2018-03-31	67,793,000	8,755,000
THERMO SHANDON LIMITED	MANOR PARK, TUDOR ROAD, RUNCORN, CHESHIRE, ENGLAND, WA7 1TA	00330973	2017-12-31	56,804,000	11,945,000
CARL ZEISS VISION UK LIMITED	22 GAS STREET, BIRMINGHAM, B1 2JT	02838963	2018-09-30	49,903,000	4,928,000	46900-Non-specialised wholesale trade
CORIN LIMITED	UNIT 1 CORINIUM CENTRE, LOVE LANE INDUSTRIAL ESTATE, CIRENCESTER, UNITED KINGDOM, GL7 1YJ	01910453	2017-12-31	45,744,000	-1,270,000
DEPUY INTERNATIONAL LIMITED	ST ANTHONYS ROAD, BEESTON, LEEDS WEST YORKSHIRE, LS11 8DT	03319712	2017-12-31	33,055,000	5,964,000	46900-Non-specialised wholesale trade 70100-Activities of head offices 86900-Other human health activities
SWANN-MORTON LIMITED	OWLERTON GREEN, SHEFFIELD, S6 2BJ	00696744	2018-09-30	26,995,896	5,273,012
TALLEY GROUP LIMITED	6-10 WITHEY COURT, WESTERN INDUSTRIAL ESTATE, CAERPHILLY, MID GLAMORGAN, WALES, CF83 1BF	00520386	2017-12-31	17,809,050	0
S.L.E. LIMITED	COMMERCE PARK, COMMERCE WAY, CROYDON, ENGLAND, CR0 4YL	01649988	2017-07-31	14,002,541	0
PRECISION PARTS UK LIMITED	CORNER HOUSE, 28 HUDDERSFIELD ROAD, MILNROW, LANCASHIRE, UNITED KINGDOM, OL16 3QF	05058855	2018-03-31	12,207,512	0
PROMEDICS ORTHOPAEDICS LIMITED	EASTCASTLE HOUSE, 27/28 EASTCASTLE STREET, LONDON, UNITED KINGDOM, W1W 8DH	06455477	2018-03-31	12,160,918	0
RIVERSIDE MEDICAL PACKAGING COMPANY LIMITED	RIVERSIDE MEDICAL PACK CO LTD, NEWMARKET DRIVE, DERBY, DERBYSHIRE, DE24 8SW	01430113	2016-12-31	10,117,865	0
BREAS MEDICAL LIMITED	BARCLAYS BANK CHAMBERS, BRIDGE STREET, STRATFORD-UPON-AVON, WARWICKSHIRE, CV37 6AH	07190611	2017-12-31	8,622,258	0
GUYMARK UK LIMITED	VERONICA HOUSE, OLD BUSH STREET, BRIERLEY HILL, WEST MIDLANDS, DY5 1UB	03934847	2017-12-31	1,993,613	0	47749-Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) not elsewhere classified
MERCADO MEDIC UK LIMITED	INNOVATION CENTRE, GALLOWS HILL, WARWICK, ENGLAND, CV34 6UW	06448822	2017-12-31	253,895	0
STERLING STERILISERS LTD	WENTA BUSINESS CENTRE, COLNE WAY, WATFORD, HERTFORDSHIRE, WD24 7ND	06446747	2018-12-31	253,715	0
KIARA LIMITED	97 FEATHERSTONE GROVE, GOSFORTH, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE3 5RF	04869844	2017-08-31	143,951	0
VASCULAR FLOW TECHNOLOGIES LIMITED	PROSPECT BUSINESS CENTRE, GEMINI CRESCENT, DUNDEE, SCOTLAND, DD2 1TY	SC190078	2017-12-31	126,444	0
ONBONE LTD	10 WITNEY WAY, BOLDON BUSINESS PARK, BOLDON COLLIERY, ENGLAND, NE35 9PE	09868013	2017-12-31	109,030	0
ASTRIC MEDICAL LIMITED	81 HIGH STREET, WORTHING, WEST SUSSEX, ENGLAND, BN11 1DN	07184648	2018-03-31	70,200	0
ONLYDENT LTD	21 CRANLEIGH GARDENS, KINGSTON UPON THAMES, KT2 5TX	08437344	2018-03-31	14,608	0
COLOPLAST MEDICAL LIMITED	NENE HALL LYNCHWOOD PARK, PETERBOROUGH BUSINESS PARK, PETERBOROUGH, CAMBRIDGESHIRE, PE2 6FX	04318120	2017-09-30	14,238	14,238
RIPPLEFFECT MEDICAL LTD	20 HIGH ST HIGH STREET, CLAVERHAM, BRISTOL, ENGLAND, BS49 4NB	09296924	2018-11-30	7,176	0
DENTRON LIMITED	THE LINDENS, SPA ROAD, LLANDRINDOD WELLS, WALES, LD1 5EQ	02407655	2019-07-31	2,494	0	58110-Book publishing 59200-Sound recording and music publishing activities 90030-Artistic creation
B&C CERAMICS LTD	UNIT 1, 152 MILLBROOK ROAD EAST, SOUTHAMPTON, ENGLAND, SO15 1JR	07562680	2019-03-31	0	0
GALLOPS EQUIPMENT MANUFACTURERS LIMITED	20 HAVELOCK ROAD, HASTINGS, EAST SUSSEX, TN34 1BP	07292168	2018-06-30	0	0
LAMBERT SURGICAL DEVELOPMENTS LTD.	CAMBRAI COURT 1229 STRATFORD ROAD, HALL GREEN, BIRMINGHAM, B28 9AA	05209830	2017-12-31	0	0
CONSORT MEDICAL PLC	BERGEN WAY, NORTH LYNN INDUSTRIAL ESTATE, KING'S LYNN, NORFOLK, ENGLAND, PE30 2JJ	00406711	0000-00-00	0	0	70100-Activities of head offices
CORIN HOLDINGS LIMITED	THE CORINIUM CENTRE, CIRENCESTER, GLOUCESTERSHIRE, GL7 1YJ	02879951	0000-00-00	0	0
HOLLISTER EUROPE LIMITED	BUILDING 1010 WINNERSH TRIANGLE BUSINESS PARK, ESKDALE ROAD, WOKINGHAM, ENGLAND, RG41 5TS	02403481	0000-00-00	0	0
HQ DENTAL LABORATORY LIMITED	SWALLOW HOUSE 349 TONG ROAD, WORTLEY, LEEDS, WEST YORKSHIRE, LS12 4QG	08405161	0000-00-00	0	0
SONOVA UK LIMITED	SONOVA HOUSE LAKESIDE DRIVE, CENTRE PARK, WARRINGTON, WA1 1RX	03417253	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
CREO MEDICAL GROUP PLC	1.0%	3.6%	7.1%	Medium
Other companies Active in the same sector	0.4%	2.8%	5.0%	Medium


Age	0.6%	2.5%	4.9%	Medium
Company Type	1.7%	4.0%	5.9%	Medium
Accounts category	0.6%	1.5%	2.5%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	1.0%	5.6%	10.9%	Medium

VALUATION (BETA)

Valuation ratios as at 2024-03-31

	Market Cap GBP	Enterprise Value GBP	PE	EV/Revenue	EV/EBITDA
CREO MEDICAL GROUP PLC	123,810,000	69,295,700		2.7	-2.2
Medical Equipment and Services ( 18 companies)	15,448,390,000	15,846,247,619	23.4 (median)	1.4 (median)	N/A