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Underack Limited

01303734

active
ltd
england wales
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

84-90 Streatham High Road, London, SW16 1BS
Incorporated 21/03/1977

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

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 63

Also on 1 other board

Mr Oluwarotimi Ososami

director · Since 25/02/2026

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Oluwole Ososami

director · Since 27/11/2020

British · England · Age 65

Mobolade Oluwatoyin Ososami

director · Since 25/02/2026

British · England · Age 63

Oluwarotimi Ososami

director · Since 25/02/2026

British · England · Age 39

Former

Dato Mohamed B Sulamain

director · Resigned 18/09/1996

Dhirendra Narshubhai Patel

secretary · Resigned 18/12/1996

Leslie Richard Patterson

director · Resigned 31/03/2000

Leslie Richard Patterson

secretary · Resigned 31/03/2000

Jitendra Manilai Gathani

director · Resigned 01/04/2008

Manaxi Nikunj Panwala

director · Resigned 03/02/2010

Raj Gathani

director · Resigned 22/03/2012

Ian James Greenep

director · Resigned 01/07/2012

Dhirubhai Narshibhai Patel

secretary · Resigned 08/05/2015

Vivek Gathani

director · Resigned 14/12/2016

Jitendra Manilal Gathani

director · Resigned 27/11/2020

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

NATIONAL WESTMINSTER BANK PLC

Created 16/03/1984Registered 21/03/1984
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

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

Change History

statusactive
2026-07-25

Active

typeltd
2026-07-25

Private Limited Company

address line184-90 Streatham High Road
2026-07-25

84-92 STREATHAM HIGH ROAD

post townLondon
2026-07-25
officer appointedOSOSAMI, Mobolade Oluwatoyin
2026-07-25
officer appointedOSOSAMI, Oluwarotimi
2026-07-25
officer appointedOSOSAMI, Oluwole
2026-07-25

CompanyRankvs 110+ 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
Show leaderboard
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

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr Oluwole Ososami 26/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.06-£284k
20231.59

Derived from filed accounts. Not audited figures.