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Metwest Limited

01365978

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

SCOTTISH PROVIDENT HOUSE 3RD FLOOR, HARROW, HA1 1BQ
Incorporated 03/05/1978

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/09/2025

Due 28/09/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Rakesh Kumar Bagga

director · Since 01/09/2023

PHARMACIST

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Kevel Vinodchandra Patel

director · Since 01/09/2023

PHARMACIST

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Ark Pharma Limited

75–100% shares
75–100% votes
Appoint directors

Scottish Provident House, 3rd Floor, Harrow, HA1 1BQ

Reg: 14884728 · Register Of Companies · Limited Company

Notified 01/09/2023

Former PSCs

Mr Bharat Prataprai Mehta

Ceased 08/03/2022

Mr Sidharth Mehta

Ceased 09/06/2023

Mr Nilesh Prataprai Mehta

Ceased 01/09/2023

Mr Sidharth Mehta

Ceased 01/09/2023

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 03/10/2023Registered 04/10/2023
Charge
outstanding

LLOYDS BANK PLC

Created 03/10/2023Registered 04/10/2023
Charge
outstanding

LLOYDS BANK PLC

Created 03/10/2023Registered 04/10/2023
Charge
satisfied

SIDHARTH MEHTA · NILESH MEHTA

Created 01/09/2023Registered 15/09/2023Satisfied 08/01/2025
Charge
satisfied

SIDHARTH MEHTA · NILESH MEHTA

Created 01/09/2023Registered 06/09/2023Satisfied 04/10/2023
charge
satisfied

BARCLAYS BANK PLC

Created 01/05/1997Registered 14/05/1997Satisfied 22/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 03/11/1995Registered 13/11/1995Satisfied 22/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 03/11/1995Registered 13/11/1995Satisfied 22/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 12/05/1993Registered 20/05/1993Satisfied 22/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 07/09/1987Registered 22/09/1987Satisfied 22/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 22/09/1981Registered 30/09/1981Satisfied 22/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 15/04/1981Registered 28/04/1981Satisfied 22/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 15/04/1981Registered 24/04/1981Satisfied 09/06/2023

CompanyRankvs 810+ SIC 47730 peers
71

Financial strength85th percentile among SIC peers · 21/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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810Metwest Limited
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How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£584k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£433k

Working capital

Current Assets

£1.0M

Current Liabilities

£594k

Fixed Assets

£163k

Debtors

£941k

24avg. employees+4

Tax at Year End

Corp tax£95k

Balance Sheet

Intangible assets£1
Assets less current liabilities£597k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.73+£182k
20241.61+£23k
20231.55+£177k
20221.11—

Derived from filed accounts. Not audited figures.