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Morningside (Leicester) Limited

02277762

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O CHESTERTON HOUSE ACCOUNTING SERVICES LLP, LOUGHBOROUGH, LE11 1UW
Incorporated 15/07/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Danesh Vinodkumar Gadhia

director · Since 22/05/1991

PHARMACIST

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Persons with Significant Control

Adiuvara Limited

75–100% shares
75–100% votes

C/O Chesterton House Accounting Services Llp, 2-3 Rectory Place, Loughborough, LE11 1UW

Reg: 11142299 · Companies House England And Wales · Private Limited Company

Notified 23/02/2018

Former PSCs

Alvedius Ltd

Ceased 23/02/2018

Charges0 outstanding

charge
satisfied

GEOFFREY DAVID COOK AND ROBERT PATRICK TEW

Created 31/07/2010Registered 03/08/2010Satisfied 13/12/2017
charge
satisfied

HSBC BANK PLC

Created 03/10/2008Registered 14/10/2008Satisfied 13/12/2017
charge
satisfied

HSBC BANK PLC

Created 03/10/2008Registered 14/10/2008Satisfied 13/12/2017
charge
satisfied

HSBC BANK PLC

Created 13/07/2006Registered 21/07/2006Satisfied 13/12/2017
charge
satisfied

MIDLAND BANK PLC

Created 01/07/1996Registered 05/07/1996Satisfied 13/12/2017
charge
satisfied

MIDLAND BANK PLC

Created 01/07/1996Registered 05/07/1996Satisfied 13/12/2017
charge
satisfied

MIDLAND BANK PLC

Created 01/07/1996Registered 05/07/1996Satisfied 13/12/2017
charge
satisfied

TSB BANK PLC

Created 18/05/1995Registered 24/05/1995Satisfied 22/07/1996
charge
satisfied

E.H. BULTER & SONS LIMITED

Created 12/12/1988Registered 19/12/1988Satisfied 05/07/1996
charge
satisfied

E.H. BULTER & SONS LIMITED

Created 12/12/1988Registered 19/12/1988Satisfied 05/07/1996

CompanyRankvs 1330+ SIC 47730 peers
70

Financial strength19th percentile among SIC peers · 5/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1330Morningside (Leicester) Limited
70
How is this score calculated?
Financial strength5/25 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.

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

Key FinancialsYear ending 31/08/2024

Turnover

£5.8M

Annual revenue

Net Worth

£10

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£2.4M

Current Liabilities

£756k

Fixed Assets

£27k

Debtors

£1.0M

Cost of Sales

£4.2M

Gross Profit

£1.7M

Admin Expenses

£388k

Operating Profit

£1.3M

Profit After Tax

£1.3M

71avg. employees-4

Tax at Year End(2023)

Corp tax-£59
Dividends paid£380k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.19—
20231.22-£394k
20221.96-£312k
20212.06+£198k
20201.84—

Derived from filed accounts. Not audited figures.