MEDRA CYFYNGEDIGActive
Key figures
Ratios
2024/25Balance sheet structure
Filed accounts2020/21–2024/25
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Turnover | — | 0 | 425,000 | 0 | 1,000 |
| Cash at bank and in hand | — | 9,000 | 1,000 | 3,000 | 5,000 |
| Total assets | 96,711 | 1,662,000 | 948,000 | 2,176,000 | 3,935,000 |
| Total liabilities | 187,799 | 1,896,000 | 1,293,000 | 2,631,000 | 3,948,000 |
| Net assets / total equity | 91,087 | 234,000 | 345,000 | 455,000 | 13,000 |
| Average number of employees | 0 | 0 | 0 | 0 | 0 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2025Directors’ Report The directors present their annual report and the audited financial statements for the year ended 31 March 2024. Principal Activities Medra Cyfyngedig was established as a wholly owned subsidiary of Adra (Tai) Cyfyngedig, on 20th April 2017. The Company’s principal activities are to deliver new build development services and the buying and selling of own real estate. Business Review The 2023/24 financial year has been the 5th year of operations for Medra Cyfyngedig. In response to the economic conditions that projected a downturn in the market sales sector, a decision was taken by the Medra Board during the 2022/23 year to scale down operations and thus reduce the risk. This decision resulted in four pipeline schemes being sold at their market values to Adra to be developed as either social, intermediate or market rent properties. Medra entered 2023/24 with one scheme, Hayfield. The table below summarises the progress of this scheme.
As described in the company's latest filed accounts.
Summary: MEDRA CYFYNGEDIG
Company
MEDRA CYFYNGEDIG is a private limited company registered with Companies House under company number 10733085. It was incorporated on 20 Apr 2017. Its status is active. The registered office is in Bangor (LL57). Its nature of business (SIC 2007) is development of building projects (41100), buying and selling of own real estate (68100), other letting and operating of own or leased real estate (68209).
Accounts
The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files small company accounts (filleted). Turnover was £1,000. Net assets were £13,000, down 97.1% on the previous year. Cash at bank and in hand was £5,000. Total assets were £3,935,000 and total liabilities £3,948,000. The company had an average of 0 employees. Figures are available for 5 financial years (2020/21–2024/25).
Control and charges
One person with significant control is registered. 1 of 1 registered charges are outstanding.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 3 May 2027.