Back to search

Farah Chemists Limited

03271081

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

136 ARMSTRONG ROAD, NEWCASTLE UPON TYNE, NE4 8PR
Incorporated 30/10/1996

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 04/06/2026

Due 18/06/2027

On track

Industry

46460
Wholesale of pharmaceutical goods

Officers

Mr Mohammed Mushtaq Ahmed

secretary · Since 09/12/1996

PHARMACIST

BRITISH · Age 72

Mohammed Mushtaq Ahmed

director · Since 09/12/1996

PHARMACIST

BRITISH · UNITED KINGDOM · Age 72

Also on 1 other board

Shakeel Ahmed

director · Since 01/05/2007

MANAGER

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Nabeel Ahmed

director · Since 16/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Persons with Significant Control

Isaa Holdings Limited

75–100% shares

44, Adelaide Terrace, Newcastle Upon Tyne, NE4 8BL

Reg: 07313262 · England · Limited Company

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 10/04/2026Registered 20/04/2026
Charge
outstanding

LLOYDS BANK PLC

Created 12/07/2024Registered 15/07/2024
Charge
satisfied

LLOYDS BANK PLC

Created 02/03/2023Registered 03/03/2023Satisfied 23/09/2024
Charge
outstanding

LLOYDS BANK PLC

Created 02/03/2023Registered 02/03/2023
Charge
outstanding

LLOYDS BANK PLC

Created 02/03/2023Registered 02/03/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 20/11/2014Registered 22/11/2014Satisfied 15/03/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 20/11/2014Registered 22/11/2014Satisfied 15/03/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 20/11/2014Registered 22/11/2014Satisfied 15/03/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 20/11/2014Registered 22/11/2014Satisfied 15/03/2023
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)

Created 14/11/2014Registered 18/11/2014Satisfied 15/03/2023

CompanyRankvs 44+ SIC 46460 peers
78

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.95× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Rayburn Trading Company Limited
90
2P & A J Cattee (Wholesale) Ltd.
90
3Hameln Pharma Ltd
90
4Nordic Pharma Limited
90
5Day Lewis Medical Limited
90
6Kinetic Enterprises Limited
90
7Morningside Pharmaceuticals Limited
90
8A1 Pharmaceuticals Public Limited Company
90
9Greiner Bio-One Limited
90
10Trafalgar Scientific Limited
90
44Farah Chemists Limited
88
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.

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 31/10/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.1M

Current Liabilities

£720k

Fixed Assets

£4.6M

Debtors

£1.2M

48avg. employees+1

Balance Sheet

Intangible assets£3.1M
Bank loans & overdrafts£4.1M
Assets less current liabilities£6.0M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.95-£161k
20241.83+£26k
20232.40—

Derived from filed accounts. Not audited figures.