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Panacea Pharmacy Limited

02994714

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

53A COMMERCIAL STREET, LEEDS, LS26 0QD
Incorporated 25/11/1994

Compliance

Last accounts

31/07/2025

unaudited abridged

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 25/11/2025

Due 09/12/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Mohammad Assad Naseem

director · Since 25/11/1994

PHARMACIST

BRITISH · ENGLAND · Age 56

Also on 1 other board

Andaleeb Naseem

secretary · Since 18/04/1999

PHARMACY ASSISTANT

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Andaleeb Naseem

director · Since 18/04/1999

PHARMACY ASSISTANT

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Mr Mohammad Assad Naseem

75–100% shares

British · England · Age 56

53a, Commercial Street, Leeds, LS26 0QD

Notified 30/06/2016

Charges4 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 02/09/1996Registered 13/09/1996
charge
outstanding

MIDLAND BANK PLC

Created 02/09/1996Registered 05/09/1996
charge
outstanding

MIDLAND BANK PLC

Created 22/07/1996Registered 24/07/1996
charge
outstanding

MIDLAND BANK PLC

Created 18/08/1995Registered 23/08/1995

CompanyRankvs 669+ SIC 47730 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees6/15 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 31/07/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£208k

Cash in the bank

Net Current Assets

£273k

Working capital

Current Assets

£471k

Current Liabilities

£198k

Fixed Assets

£1.0M

Debtors

£228k

2avg. employees

Balance Sheet

Intangible assets£115k
Assets less current liabilities£1.3M
Signed by 2023-08-02Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.38+£18k
20235.84+£39k
20224.64+£55k
20213.77+£84k
20204.87+£122k
20191.75+£69k
20181.42

Derived from filed accounts. Not audited figures.