Underack Limited

01303734

active

Private Limited Company

Companies House

Health Score

69 / 100

Some Concerns

25/30

Filing

10/30

Financial

34/40

Risk

No accounts filed in last 18 months (-5)
Current liabilities exceed current assets (-10)
3 outstanding charges (-6)

Details

84-92 STREATHAM HIGH ROAD, SW16 1BS

Incorporated 21/03/1977

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730

Dispensing chemist in specialised stores

Officers

Mr Oluwole Ososami

director · Since 27/11/2020

PHARMACIST

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mrs Mobolade Oluwatoyin Ososami

director · Since 25/02/2026

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Oluwarotimi Ososami

director · Since 25/02/2026

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Rotamol Limited

75–100% shares

4th Floor, Metroline House, 118-122 College Road, Harrow, HA1 1BQ

Notified 27/11/2020

Former PSCs

Mr Jitendra Manilal Gathani

Ceased 27/11/2020

Charges3 outstanding

Charge

outstanding

LLOYDS BANK PLC

Created 27/11/2020Registered 30/11/2020

Charge

outstanding

LLOYDS BANK PLC

Created 27/11/2020Registered 30/11/2020

Charge

outstanding

LLOYDS BANK PLC

Created 27/11/2020Registered 27/11/2020

charge

satisfied

SANTANDER UK PLC

Created 14/09/2010Registered 16/09/2010Satisfied 08/12/2020

charge

satisfied

SANTANDER UK PLC

Created 14/09/2010Registered 15/09/2010Satisfied 08/12/2020

charge

satisfied

SANTANDER UK PLC

Created 14/09/2010Registered 15/09/2010Satisfied 08/12/2020

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/06/2000Registered 12/06/2000Satisfied 02/11/2010

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/06/2000Registered 12/06/2000Satisfied 02/11/2010

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/06/2000Registered 12/06/2000Satisfied 02/11/2010

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/06/2000Registered 12/06/2000Satisfied 02/11/2010

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/06/2000Registered 12/06/2000Satisfied 02/11/2010

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/03/2000Registered 09/03/2000Satisfied 02/11/2010

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/05/1999Registered 28/05/1999Satisfied 06/04/2001

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/05/1999Registered 28/05/1999Satisfied 06/04/2001

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/05/1999Registered 19/05/1999Satisfied 06/04/2001

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 17/10/1997Registered 23/10/1997Satisfied 06/04/2001

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 17/10/1997Registered 23/10/1997Satisfied 06/04/2001

charge

satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 12/09/1997Registered 16/09/1997Satisfied 06/04/2001

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/01/1988Registered 21/01/1988Satisfied 11/11/1997

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/07/1987Registered 15/07/1987Satisfied 11/11/1997

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/07/1987Registered 15/07/1987Satisfied 11/11/1997

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/07/1987Registered 15/07/1987Satisfied 11/11/1997

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/07/1987Registered 15/07/1987Satisfied 11/11/1997

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/07/1984Registered 09/08/1984Satisfied 11/11/1997

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/03/1984Registered 21/03/1984

charge

satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/03/1984Registered 21/03/1984

charge

satisfied

UNICHEM LIMITED

Created 19/09/1983Registered 21/09/1983Satisfied 17/02/1989

charge

satisfied

BARCLAYS BANK PLC

Created 24/08/1983Registered 01/09/1983Satisfied 17/02/1989

charge

satisfied

BARCLAYS BANK PLC

Created 19/07/1982Registered 21/08/1982Satisfied 17/02/1989

charge

satisfied

BARCLAYS BANK PLC

Created 16/07/1982Registered 06/08/1982Satisfied 17/02/1989

charge

satisfied

BARCLAYS BANK PLC

Created 16/07/1982Registered 06/08/1982Satisfied 17/02/1989

charge

satisfied

BARCLAYS BANK LIMITED

Created 16/07/1982Registered 06/08/1982Satisfied 17/02/1989

charge

satisfied

LLOYDS BANK PLC

Created 24/02/1981Registered 03/03/1981Satisfied 17/02/1989

CompanyRankvs 109+ SIC 47730 peers
77

Financial strength87th percentile among SIC peers · 22/25

Employees97th percentile among SIC peers · 15/15

LiquidityCurrent ratio 2.06× · 20/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Outstanding charges -10

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109Underack Limited

87

How is this score calculated?

Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£660k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£657k

Working capital

Current Assets

£1.3M

Current Liabilities

£618k

Fixed Assets

£418k

Debtors

£917k

32avg. employees-4

Tax at Year End(2020)

Dividends paid£2k

Director Loans

Company owes directors£3k

People Costs(2020)

Wages & salaries£236k

Balance Sheet

Assets less current liabilities£1.1M

Signed by Mr Oluwole Ososami 26/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

Year	Current Ratio	Implied Profit
2024	2.06	-£284k
2023	1.59	-£66k
2022	1.54	-£194k
2021	2.20	+£96k
2020	2.38	+£112k
2020	1.74	+£988k

Derived from filed accounts. Not audited figures.